Axel Polymers standalone net profit declines 52.83% in the March 2022 quarter

Sales rise 200.37% to Rs 24.18 crore

Net profit of Axel Polymers declined 52.83% to Rs 0.25 crore in the quarter ended March 2022 as against Rs 0.53 crore during the previous quarter ended March 2021. Sales rose 200.37% to Rs 24.18 crore in the quarter ended March 2022 as against Rs 8.05 crore during the previous quarter ended March 2021.

For the full year,net profit rose 384.21% to Rs 0.92 crore in the year ended March 2022 as against Rs 0.19 crore during the previous year ended March 2021. Sales rose 216.45% to Rs 72.91 crore in the year ended March 2022 as against Rs 23.04 crore during the previous year ended March 2021.

 

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales24.188.05 200 72.9123.04 216 OPM %4.389.81 -5.656.90 - PBDT0.850.56 52 1.830.49 273 PBT0.680.46 48 1.350.12 1025 NP0.250.53 -53 0.920.19 384

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