Loyal Textile Mills standalone net profit rises 3542.11% in the March 2021 quarter

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Sales rise 37.12% to Rs 370.76 crore
Net profit of Loyal Textile Mills rose 3542.11% to Rs 13.84 crore in the quarter ended March 2021 as against Rs 0.38 crore during the previous quarter ended March 2020. Sales rose 37.12% to Rs 370.76 crore in the quarter ended March 2021 as against Rs 270.39 crore during the previous quarter ended March 2020.For the full year,net profit rose 546.01% to Rs 27.52 crore in the year ended March 2021 as against Rs 4.26 crore during the previous year ended March 2020. Sales rose 1.57% to Rs 1121.80 crore in the year ended March 2021 as against Rs 1104.43 crore during the previous year ended March 2020.
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First Published: May 24 2021 | 4:41 PM IST