Prince Pipes & Fittings standalone net profit rises 243.78% in the March 2021 quarter

Sales rise 76.75% to Rs 761.36 crore

Net profit of Prince Pipes & Fittings rose 243.78% to Rs 97.22 crore in the quarter ended March 2021 as against Rs 28.28 crore during the previous quarter ended March 2020. Sales rose 76.75% to Rs 761.36 crore in the quarter ended March 2021 as against Rs 430.76 crore during the previous quarter ended March 2020.

For the full year,net profit rose 97.16% to Rs 221.83 crore in the year ended March 2021 as against Rs 112.51 crore during the previous year ended March 2020. Sales rose 26.65% to Rs 2071.52 crore in the year ended March 2021 as against Rs 1635.66 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales761.36430.76 77 2071.521635.66 27 OPM %19.2813.38 -17.4613.99 - PBDT146.3254.60 168 358.56202.55 77 PBT131.2340.21 226 299.14150.57 99 NP97.2228.28 244 221.83112.51 97

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