Ritesh Properties & Industries standalone net profit rises 7.13% in the March 2021 quarter

Sales decline 59.24% to Rs 18.78 crore

Net profit of Ritesh Properties & Industries rose 7.13% to Rs 5.26 crore in the quarter ended March 2021 as against Rs 4.91 crore during the previous quarter ended March 2020. Sales declined 59.24% to Rs 18.78 crore in the quarter ended March 2021 as against Rs 46.08 crore during the previous quarter ended March 2020.

For the full year,net profit rose 1436.36% to Rs 8.45 crore in the year ended March 2021 as against Rs 0.55 crore during the previous year ended March 2020. Sales declined 10.04% to Rs 85.27 crore in the year ended March 2021 as against Rs 94.79 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales18.7846.08 -59 85.2794.79 -10 OPM %27.85-6.03 -6.25-7.09 - PBDT6.125.03 22 10.270.94 993 PBT6.004.91 22 9.800.57 1619 NP5.264.91 7 8.450.55 1436

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