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IVP standalone net profit rises 95.17% in the March 2022 quarter

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Capital Market

Sales rise 46.88% to Rs 173.39 crore

Net profit of IVP rose 95.17% to Rs 7.28 crore in the quarter ended March 2022 as against Rs 3.73 crore during the previous quarter ended March 2021. Sales rose 46.88% to Rs 173.39 crore in the quarter ended March 2022 as against Rs 118.05 crore during the previous quarter ended March 2021.

For the full year,net profit rose 291.78% to Rs 17.63 crore in the year ended March 2022 as against Rs 4.50 crore during the previous year ended March 2021. Sales rose 92.14% to Rs 556.58 crore in the year ended March 2022 as against Rs 289.68 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales173.39118.05 47 556.58289.68 92 OPM %7.386.62 -6.295.62 - PBDT10.876.76 61 28.4711.74 143 PBT9.585.51 74 23.356.68 250 NP7.283.73 95 17.634.50 292

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First Published: May 17 2022 | 5:34 PM IST

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