Indigo Paints standalone net profit declines 8.94% in the March 2021 quarter

Sales rise 40.84% to Rs 254.27 crore

Net profit of Indigo Paints declined 8.94% to Rs 24.86 crore in the quarter ended March 2021 as against Rs 27.30 crore during the previous quarter ended March 2020. Sales rose 40.84% to Rs 254.27 crore in the quarter ended March 2021 as against Rs 180.54 crore during the previous quarter ended March 2020.

For the full year,net profit rose 48.19% to Rs 70.85 crore in the year ended March 2021 as against Rs 47.81 crore during the previous year ended March 2020. Sales rose 15.77% to Rs 723.32 crore in the year ended March 2021 as against Rs 624.79 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales254.27180.54 41 723.32624.79 16 OPM %16.8925.82 -16.9414.56 - PBDT44.0845.33 -3 122.3087.03 41 PBT37.1139.92 -7 97.9167.42 45 NP24.8627.30 -9 70.8547.81 48

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