Vardhman Acrylics standalone net profit rises 107.32% in the March 2021 quarter

Sales rise 25.62% to Rs 104.73 crore

Net profit of Vardhman Acrylics rose 107.32% to Rs 22.93 crore in the quarter ended March 2021 as against Rs 11.06 crore during the previous quarter ended March 2020. Sales rose 25.62% to Rs 104.73 crore in the quarter ended March 2021 as against Rs 83.37 crore during the previous quarter ended March 2020.

For the full year,net profit declined 7.26% to Rs 42.91 crore in the year ended March 2021 as against Rs 46.27 crore during the previous year ended March 2020. Sales declined 16.20% to Rs 280.19 crore in the year ended March 2021 as against Rs 334.37 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales104.7383.37 26 280.19334.37 -16 OPM %31.3115.01 -22.5115.97 - PBDT32.4012.43 161 62.5353.09 18 PBT31.0711.12 179 57.1147.86 19 NP22.9311.06 107 42.9146.27 -7

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