Ritesh International standalone net profit declines 75.00% in the March 2021 quarter

Sales rise 85.55% to Rs 24.27 crore

Net profit of Ritesh International declined 75.00% to Rs 0.28 crore in the quarter ended March 2021 as against Rs 1.12 crore during the previous quarter ended March 2020. Sales rose 85.55% to Rs 24.27 crore in the quarter ended March 2021 as against Rs 13.08 crore during the previous quarter ended March 2020.

For the full year,net profit rose 554.84% to Rs 2.03 crore in the year ended March 2021 as against Rs 0.31 crore during the previous year ended March 2020. Sales rose 71.55% to Rs 74.88 crore in the year ended March 2021 as against Rs 43.65 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales24.2713.08 86 74.8843.65 72 OPM %2.279.10 -3.741.90 - PBDT0.481.22 -61 2.550.70 264 PBT0.361.12 -68 2.110.31 581 NP0.281.12 -75 2.030.31 555

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