Tide Water Oil Co (I) consolidated net profit rises 58.02% in the March 2021 quarter

Sales rise 19.55% to Rs 364.68 crore

Net profit of Tide Water Oil Co (I) rose 58.02% to Rs 36.66 crore in the quarter ended March 2021 as against Rs 23.20 crore during the previous quarter ended March 2020. Sales rose 19.55% to Rs 364.68 crore in the quarter ended March 2021 as against Rs 305.04 crore during the previous quarter ended March 2020.

For the full year,net profit rose 15.79% to Rs 141.33 crore in the year ended March 2021 as against Rs 122.06 crore during the previous year ended March 2020. Sales declined 4.41% to Rs 1258.48 crore in the year ended March 2021 as against Rs 1316.57 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales364.68305.04 20 1258.481316.57 -4 OPM %11.789.06 -13.0410.48 - PBDT52.5035.83 47 199.55173.87 15 PBT48.8432.56 50 185.43161.38 15 NP36.6623.20 58 141.33122.06 16

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