Virinchi consolidated net profit declines 92.57% in the March 2021 quarter

Image
Capital Market
Last Updated : Jul 02 2021 | 9:08 AM IST

Sales decline 2.51% to Rs 92.72 crore

Net profit of Virinchi declined 92.57% to Rs 0.80 crore in the quarter ended March 2021 as against Rs 10.77 crore during the previous quarter ended March 2020. Sales declined 2.51% to Rs 92.72 crore in the quarter ended March 2021 as against Rs 95.11 crore during the previous quarter ended March 2020.

For the full year,net profit declined 94.40% to Rs 2.60 crore in the year ended March 2021 as against Rs 46.45 crore during the previous year ended March 2020. Sales declined 7.20% to Rs 354.01 crore in the year ended March 2021 as against Rs 381.46 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales92.7295.11 -3 354.01381.46 -7 OPM %38.7531.16 -26.9928.99 - PBDT22.7224.48 -7 74.6290.09 -17 PBT8.8514.32 -38 26.4145.59 -42 NP0.8010.77 -93 2.6046.45 -94

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 02 2021 | 8:05 AM IST

Next Story