Garware Technical Fibres consolidated net profit rises 49.08% in the March 2021 quarter

Sales rise 32.81% to Rs 335.42 crore

Net profit of Garware Technical Fibres rose 49.08% to Rs 53.22 crore in the quarter ended March 2021 as against Rs 35.70 crore during the previous quarter ended March 2020. Sales rose 32.81% to Rs 335.42 crore in the quarter ended March 2021 as against Rs 252.56 crore during the previous quarter ended March 2020.

For the full year,net profit rose 12.72% to Rs 158.40 crore in the year ended March 2021 as against Rs 140.53 crore during the previous year ended March 2020. Sales rose 8.55% to Rs 1034.57 crore in the year ended March 2021 as against Rs 953.09 crore during the previous year ended March 2020.

 

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales335.42252.56 33 1034.57953.09 9 OPM %21.1521.84 -19.7518.62 - PBDT74.1659.88 24 228.71198.13 15 PBT68.8154.79 26 208.07178.86 16 NP53.2235.70 49 158.40140.53 13

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