Gujarat Raffia Industries standalone net profit declines 71.93% in the March 2022 quarter

Sales rise 25.95% to Rs 12.86 crore

Net profit of Gujarat Raffia Industries declined 71.93% to Rs 0.16 crore in the quarter ended March 2022 as against Rs 0.57 crore during the previous quarter ended March 2021. Sales rose 25.95% to Rs 12.86 crore in the quarter ended March 2022 as against Rs 10.21 crore during the previous quarter ended March 2021.

For the full year,net profit declined 5.88% to Rs 1.12 crore in the year ended March 2022 as against Rs 1.19 crore during the previous year ended March 2021. Sales declined 2.09% to Rs 37.98 crore in the year ended March 2022 as against Rs 38.79 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales12.8610.21 26 37.9838.79 -2 OPM %2.9512.73 -5.376.63 - PBDT0.421.50 -72 2.282.69 -15 PBT0.170.52 -67 1.311.25 5 NP0.160.57 -72 1.121.19 -6

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