Shree Ajit Pulp and Paper consolidated net profit declines 83.07% in the March 2022 quarter

Sales rise 33.02% to Rs 122.84 crore

Net profit of Shree Ajit Pulp and Paper declined 83.07% to Rs 1.62 crore in the quarter ended March 2022 as against Rs 9.57 crore during the previous quarter ended March 2021. Sales rose 33.02% to Rs 122.84 crore in the quarter ended March 2022 as against Rs 92.35 crore during the previous quarter ended March 2021.

For the full year,net profit declined 9.92% to Rs 21.62 crore in the year ended March 2022 as against Rs 24.00 crore during the previous year ended March 2021. Sales rose 56.88% to Rs 418.25 crore in the year ended March 2022 as against Rs 266.61 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales122.8492.35 33 418.25266.61 57 OPM %5.8118.28 -10.1716.75 - PBDT4.7915.81 -70 38.9541.74 -7 PBT2.9913.97 -79 31.6334.24 -8 NP1.629.57 -83 21.6224.00 -10

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