Cochin Minerals & Rutile standalone net profit rises 501.59% in the March 2022 quarter

Image
Capital Market
Last Updated : May 24 2022 | 9:05 AM IST

Sales rise 1.25% to Rs 76.22 crore

Net profit of Cochin Minerals & Rutile rose 501.59% to Rs 7.58 crore in the quarter ended March 2022 as against Rs 1.26 crore during the previous quarter ended March 2021. Sales rose 1.25% to Rs 76.22 crore in the quarter ended March 2022 as against Rs 75.28 crore during the previous quarter ended March 2021.

For the full year,net profit declined 23.43% to Rs 6.21 crore in the year ended March 2022 as against Rs 8.11 crore during the previous year ended March 2021. Sales rose 21.16% to Rs 289.76 crore in the year ended March 2022 as against Rs 239.15 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales76.2275.28 1 289.76239.15 21 OPM %11.996.51 -2.878.35 - PBDT9.364.48 109 8.5818.79 -54 PBT9.084.15 119 7.5517.63 -57 NP7.581.26 502 6.218.11 -23

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 24 2022 | 8:04 AM IST

Next Story