HLE Glascoat consolidated net profit rises 64.67% in the March 2021 quarter

Sales rise 32.79% to Rs 147.50 crore

Net profit of HLE Glascoat rose 64.67% to Rs 17.90 crore in the quarter ended March 2021 as against Rs 10.87 crore during the previous quarter ended March 2020. Sales rose 32.79% to Rs 147.50 crore in the quarter ended March 2021 as against Rs 111.08 crore during the previous quarter ended March 2020.

For the full year,net profit rose 36.82% to Rs 52.32 crore in the year ended March 2021 as against Rs 38.24 crore during the previous year ended March 2020. Sales rose 13.60% to Rs 484.49 crore in the year ended March 2021 as against Rs 426.47 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales147.50111.08 33 484.49426.47 14 OPM %18.0116.83 -18.9217.09 - PBDT26.8117.92 50 85.8564.01 34 PBT24.6115.95 54 77.2456.57 37 NP17.9010.87 65 52.3238.24 37

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