Garware Polyester consolidated net profit rises 50.93% in the March 2021 quarter

Sales rise 30.39% to Rs 287.74 crore

Net profit of Garware Polyester rose 50.93% to Rs 31.80 crore in the quarter ended March 2021 as against Rs 21.07 crore during the previous quarter ended March 2020. Sales rose 30.39% to Rs 287.74 crore in the quarter ended March 2021 as against Rs 220.67 crore during the previous quarter ended March 2020.

For the full year,net profit rose 46.42% to Rs 125.95 crore in the year ended March 2021 as against Rs 86.02 crore during the previous year ended March 2020. Sales rose 6.94% to Rs 989.03 crore in the year ended March 2021 as against Rs 924.83 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales287.74220.67 30 989.03924.83 7 OPM %18.0119.79 -22.0417.48 - PBDT53.2341.51 28 214.06155.01 38 PBT46.6135.87 30 190.08134.72 41 NP31.8021.07 51 125.9586.02 46

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