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Arex Industries standalone net profit rises 124.66% in the March 2021 quarter

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Capital Market

Sales rise 39.24% to Rs 14.62 crore

Net profit of Arex Industries rose 124.66% to Rs 1.64 crore in the quarter ended March 2021 as against Rs 0.73 crore during the previous quarter ended March 2020. Sales rose 39.24% to Rs 14.62 crore in the quarter ended March 2021 as against Rs 10.50 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 1.00 crore in the year ended March 2021 as against net profit of Rs 0.88 crore during the previous year ended March 2020. Sales declined 13.33% to Rs 40.88 crore in the year ended March 2021 as against Rs 47.17 crore during the previous year ended March 2020.

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ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales14.6210.50 39 40.8847.17 -13 OPM %24.0119.14 -16.8819.74 - PBDT2.931.42 106 3.966.29 -37 PBT1.730.18 861 -0.801.44 PL NP1.640.73 125 -1.000.88 PL

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First Published: Jun 28 2021 | 6:38 PM IST

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