Paul Merchants standalone net profit rises 62.36% in the March 2021 quarter

Sales decline 23.48% to Rs 1018.64 crore

Net profit of Paul Merchants rose 62.36% to Rs 4.40 crore in the quarter ended March 2021 as against Rs 2.71 crore during the previous quarter ended March 2020. Sales declined 23.48% to Rs 1018.64 crore in the quarter ended March 2021 as against Rs 1331.27 crore during the previous quarter ended March 2020.

For the full year,net profit rose 6.55% to Rs 12.68 crore in the year ended March 2021 as against Rs 11.90 crore during the previous year ended March 2020. Sales declined 44.72% to Rs 2961.50 crore in the year ended March 2021 as against Rs 5357.68 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1018.641331.27 -23 2961.505357.68 -45 OPM %0.100.11 --0.020.14 - PBDT6.654.10 62 21.2620.67 3 PBT6.103.38 80 19.0317.85 7 NP4.402.71 62 12.6811.90 7

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