Virgo Polymers (India) standalone net profit declines 77.27% in the March 2022 quarter

Sales rise 20.57% to Rs 31.06 crore

Net profit of Virgo Polymers (India) declined 77.27% to Rs 0.05 crore in the quarter ended March 2022 as against Rs 0.22 crore during the previous quarter ended March 2021. Sales rose 20.57% to Rs 31.06 crore in the quarter ended March 2022 as against Rs 25.76 crore during the previous quarter ended March 2021.

For the full year,net profit rose 14.89% to Rs 0.54 crore in the year ended March 2022 as against Rs 0.47 crore during the previous year ended March 2021. Sales rose 43.68% to Rs 117.99 crore in the year ended March 2022 as against Rs 82.12 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales31.0625.76 21 117.9982.12 44 OPM %2.353.07 -3.323.81 - PBDT0.310.60 -48 1.861.66 12 PBT0.040.36 -89 0.790.69 14 NP0.050.22 -77 0.540.47 15

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