Gujarat Sidhee Cement consolidated net profit rises 27.70% in the March 2021 quarter

Sales rise 17.48% to Rs 194.41 crore

Net profit of Gujarat Sidhee Cement rose 27.70% to Rs 20.79 crore in the quarter ended March 2021 as against Rs 16.28 crore during the previous quarter ended March 2020. Sales rose 17.48% to Rs 194.41 crore in the quarter ended March 2021 as against Rs 165.48 crore during the previous quarter ended March 2020.

For the full year,net profit declined 31.87% to Rs 30.55 crore in the year ended March 2021 as against Rs 44.84 crore during the previous year ended March 2020. Sales declined 3.26% to Rs 565.69 crore in the year ended March 2021 as against Rs 584.76 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales194.41165.48 17 565.69584.76 -3 OPM %17.4115.88 -9.8113.26 - PBDT35.3027.28 29 59.2278.17 -24 PBT32.6924.51 33 48.6667.37 -28 NP20.7916.28 28 30.5544.84 -32

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