Prakash Pipes standalone net profit rises 145.06% in the March 2021 quarter

Sales rise 55.94% to Rs 134.64 crore

Net profit of Prakash Pipes rose 145.06% to Rs 10.17 crore in the quarter ended March 2021 as against Rs 4.15 crore during the previous quarter ended March 2020. Sales rose 55.94% to Rs 134.64 crore in the quarter ended March 2021 as against Rs 86.34 crore during the previous quarter ended March 2020.

For the full year,net profit rose 44.65% to Rs 35.80 crore in the year ended March 2021 as against Rs 24.75 crore during the previous year ended March 2020. Sales rose 23.63% to Rs 476.15 crore in the year ended March 2021 as against Rs 385.14 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales134.6486.34 56 476.15385.14 24 OPM %11.989.69 -12.289.96 - PBDT17.048.38 103 59.1640.79 45 PBT14.636.49 125 50.7934.30 48 NP10.174.15 145 35.8024.75 45

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