Tube Investments of India consolidated net profit rises 141.91% in the March 2021 quarter

Sales rise 165.28% to Rs 2624.72 crore

Net profit of Tube Investments of India rose 141.91% to Rs 143.84 crore in the quarter ended March 2021 as against Rs 59.46 crore during the previous quarter ended March 2020. Sales rose 165.28% to Rs 2624.72 crore in the quarter ended March 2021 as against Rs 989.40 crore during the previous quarter ended March 2020.

For the full year,net profit declined 6.54% to Rs 286.32 crore in the year ended March 2021 as against Rs 306.34 crore during the previous year ended March 2020. Sales rose 28.92% to Rs 5827.46 crore in the year ended March 2021 as against Rs 4520.30 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2624.72989.40 165 5827.464520.30 29 OPM %10.0412.88 -10.8912.80 - PBDT330.67140.01 136 705.37610.45 16 PBT236.5789.35 165 454.07425.18 7 NP143.8459.46 142 286.32306.34 -7

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