Indian Acrylics consolidated net profit rises 542.49% in the March 2021 quarter

Sales decline 3.55% to Rs 161.65 crore

Net profit of Indian Acrylics rose 542.49% to Rs 22.23 crore in the quarter ended March 2021 as against Rs 3.46 crore during the previous quarter ended March 2020. Sales declined 3.55% to Rs 161.65 crore in the quarter ended March 2021 as against Rs 167.60 crore during the previous quarter ended March 2020.

For the full year,net profit declined 41.42% to Rs 6.28 crore in the year ended March 2021 as against Rs 10.72 crore during the previous year ended March 2020. Sales declined 29.40% to Rs 526.05 crore in the year ended March 2021 as against Rs 745.07 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales161.65167.60 -4 526.05745.07 -29 OPM %21.8112.74 -11.129.03 - PBDT28.509.18 210 31.5333.46 -6 PBT22.233.96 461 6.2811.23 -44 NP22.233.46 542 6.2810.72 -41

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