Finolex Industries standalone net profit rises 433.71% in the March 2021 quarter

Sales rise 62.53% to Rs 1249.34 crore

Net profit of Finolex Industries rose 433.71% to Rs 297.33 crore in the quarter ended March 2021 as against Rs 55.71 crore during the previous quarter ended March 2020. Sales rose 62.53% to Rs 1249.34 crore in the quarter ended March 2021 as against Rs 768.66 crore during the previous quarter ended March 2020.

For the full year,net profit rose 124.56% to Rs 728.02 crore in the year ended March 2021 as against Rs 324.20 crore during the previous year ended March 2020. Sales rose 16.03% to Rs 3462.82 crore in the year ended March 2021 as against Rs 2984.51 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1249.34768.66 63 3462.822984.51 16 OPM %32.8213.47 -28.5714.99 - PBDT421.7596.02 339 1054.52467.00 126 PBT402.0577.14 421 976.80393.19 148 NP297.3355.71 434 728.02324.20 125

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