Sirca Paints India consolidated net profit declines 59.40% in the March 2022 quarter

Sales rise 13.70% to Rs 54.10 crore

Net profit of Sirca Paints India declined 59.40% to Rs 6.18 crore in the quarter ended March 2022 as against Rs 15.22 crore during the previous quarter ended March 2021. Sales rose 13.70% to Rs 54.10 crore in the quarter ended March 2022 as against Rs 47.58 crore during the previous quarter ended March 2021.

For the full year,net profit rose 67.19% to Rs 27.72 crore in the year ended March 2022 as against Rs 16.58 crore during the previous year ended March 2021. Sales rose 39.70% to Rs 200.02 crore in the year ended March 2022 as against Rs 143.18 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales54.1047.58 14 200.02143.18 40 OPM %17.3919.57 -18.878.50 - PBDT10.2221.37 -52 42.0826.21 61 PBT9.0620.58 -56 37.9522.55 68 NP6.1815.22 -59 27.7216.58 67

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