Industrial & Prudential Investment Company consolidated net profit rises 277.39% in the March 2021 quarter

Image
Capital Market
Last Updated : Jun 17 2021 | 9:05 AM IST

Sales rise 212.50% to Rs 0.75 crore

Net profit of Industrial & Prudential Investment Company rose 277.39% to Rs 7.51 crore in the quarter ended March 2021 as against Rs 1.99 crore during the previous quarter ended March 2020. Sales rose 212.50% to Rs 0.75 crore in the quarter ended March 2021 as against Rs 0.24 crore during the previous quarter ended March 2020.

For the full year,net profit rose 7.69% to Rs 26.33 crore in the year ended March 2021 as against Rs 24.45 crore during the previous year ended March 2020. Sales rose 142.86% to Rs 8.16 crore in the year ended March 2021 as against Rs 3.36 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.750.24 213 8.163.36 143 OPM %81.33-1854.17 -91.428.93 - PBDT7.422.48 199 27.4121.71 26 PBT7.422.48 199 27.4121.71 26 NP7.511.99 277 26.3324.45 8

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 17 2021 | 8:06 AM IST

Next Story