Commercial Syn Bags consolidated net profit rises 45.02% in the March 2021 quarter

Sales rise 40.01% to Rs 65.23 crore

Net profit of Commercial Syn Bags rose 45.02% to Rs 3.93 crore in the quarter ended March 2021 as against Rs 2.71 crore during the previous quarter ended March 2020. Sales rose 40.01% to Rs 65.23 crore in the quarter ended March 2021 as against Rs 46.59 crore during the previous quarter ended March 2020.

For the full year,net profit rose 4.90% to Rs 11.98 crore in the year ended March 2021 as against Rs 11.42 crore during the previous year ended March 2020. Sales rose 11.91% to Rs 213.72 crore in the year ended March 2021 as against Rs 190.97 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales65.2346.59 40 213.72190.97 12 OPM %13.3712.21 -11.5812.45 - PBDT7.755.51 41 22.1721.34 4 PBT5.393.74 44 14.5114.44 0 NP3.932.71 45 11.9811.42 5

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