Garg Acrylics reports consolidated net profit of Rs 26.98 crore in the March 2021 quarter

Sales rise 47.69% to Rs 401.22 crore

Net profit of Garg Acrylics reported to Rs 26.98 crore in the quarter ended March 2021 as against net loss of Rs 13.09 crore during the previous quarter ended March 2020. Sales rose 47.69% to Rs 401.22 crore in the quarter ended March 2021 as against Rs 271.67 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 14.52 crore in the year ended March 2021 as against net loss of Rs 16.35 crore during the previous year ended March 2020. Sales declined 9.37% to Rs 1264.25 crore in the year ended March 2021 as against Rs 1395.03 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales401.22271.67 48 1264.251395.03 -9 OPM %15.344.74 -10.077.55 - PBDT46.00-0.61 LP 70.7549.61 43 PBT32.01-17.44 LP 15.30-22.09 LP NP26.98-13.09 LP 14.52-16.35 LP

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