HP Adhesives standalone net profit declines 82.75% in the March 2022 quarter

Sales rise 30.66% to Rs 50.42 crore

Net profit of HP Adhesives declined 82.75% to Rs 0.69 crore in the quarter ended March 2022 as against Rs 4.00 crore during the previous quarter ended March 2021. Sales rose 30.66% to Rs 50.42 crore in the quarter ended March 2022 as against Rs 38.59 crore during the previous quarter ended March 2021.

For the full year,net profit declined 40.26% to Rs 6.01 crore in the year ended March 2022 as against Rs 10.06 crore during the previous year ended March 2021. Sales rose 39.30% to Rs 164.60 crore in the year ended March 2022 as against Rs 118.16 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales50.4238.59 31 164.60118.16 39 OPM %3.8310.21 -6.8610.12 - PBDT1.725.77 -70 10.9915.13 -27 PBT1.035.32 -81 8.1513.23 -38 NP0.694.00 -83 6.0110.06 -40

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