Maris Spinners standalone net profit declines 85.37% in the March 2022 quarter

Sales rise 22.79% to Rs 50.54 crore

Net profit of Maris Spinners declined 85.37% to Rs 0.91 crore in the quarter ended March 2022 as against Rs 6.22 crore during the previous quarter ended March 2021. Sales rose 22.79% to Rs 50.54 crore in the quarter ended March 2022 as against Rs 41.16 crore during the previous quarter ended March 2021.

For the full year,net profit rose 128.25% to Rs 15.43 crore in the year ended March 2022 as against Rs 6.76 crore during the previous year ended March 2021. Sales rose 60.72% to Rs 170.40 crore in the year ended March 2022 as against Rs 106.02 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales50.5441.16 23 170.40106.02 61 OPM %10.6826.43 -18.2516.62 - PBDT4.849.79 -51 27.6813.45 106 PBT3.748.69 -57 23.339.23 153 NP0.916.22 -85 15.436.76 128

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