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Mittal Life Style standalone net profit declines 84.00% in the March 2021 quarter

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Capital Market

Sales decline 11.16% to Rs 23.17 crore

Net profit of Mittal Life Style declined 84.00% to Rs 0.12 crore in the quarter ended March 2021 as against Rs 0.75 crore during the previous quarter ended March 2020. Sales declined 11.16% to Rs 23.17 crore in the quarter ended March 2021 as against Rs 26.08 crore during the previous quarter ended March 2020.

For the full year,net profit declined 82.89% to Rs 0.26 crore in the year ended March 2021 as against Rs 1.52 crore during the previous year ended March 2020. Sales declined 47.72% to Rs 52.15 crore in the year ended March 2021 as against Rs 99.75 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales23.1726.08 -11 52.1599.75 -48 OPM %1.045.06 -1.612.71 - PBDT0.171.11 -85 0.412.22 -82 PBT0.141.00 -86 0.332.11 -84 NP0.120.75 -84 0.261.52 -83

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First Published: Jun 21 2021 | 3:08 PM IST

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