Cochin Minerals & Rutile reports standalone net profit of Rs 1.26 crore in the March 2021 quarter

Sales rise 5.80% to Rs 75.28 crore

Net profit of Cochin Minerals & Rutile reported to Rs 1.26 crore in the quarter ended March 2021 as against net loss of Rs 2.17 crore during the previous quarter ended March 2020. Sales rose 5.80% to Rs 75.28 crore in the quarter ended March 2021 as against Rs 71.15 crore during the previous quarter ended March 2020.

For the full year,net profit rose 35.39% to Rs 8.11 crore in the year ended March 2021 as against Rs 5.99 crore during the previous year ended March 2020. Sales declined 9.16% to Rs 239.15 crore in the year ended March 2021 as against Rs 263.26 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales75.2871.15 6 239.15263.26 -9 OPM %6.514.39 -8.357.88 - PBDT4.483.15 42 18.7920.36 -8 PBT4.152.93 42 17.6319.79 -11 NP1.26-2.17 LP 8.115.99 35

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