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Pilani Investment & Industries Corporation consolidated net profit declines 40.98% in the March 2021 quarter

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Capital Market

Sales rise 29.85% to Rs 50.16 crore

Net profit of Pilani Investment & Industries Corporation declined 40.98% to Rs 22.37 crore in the quarter ended March 2021 as against Rs 37.90 crore during the previous quarter ended March 2020. Sales rose 29.85% to Rs 50.16 crore in the quarter ended March 2021 as against Rs 38.63 crore during the previous quarter ended March 2020.

For the full year,net profit declined 44.75% to Rs 96.66 crore in the year ended March 2021 as against Rs 174.95 crore during the previous year ended March 2020. Sales rose 57.94% to Rs 198.69 crore in the year ended March 2021 as against Rs 125.80 crore during the previous year ended March 2020.

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ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales50.1638.63 30 198.69125.80 58 OPM %96.5180.64 -96.3191.49 - PBDT33.4520.40 64 140.1472.02 95 PBT33.3420.29 64 139.6971.62 95 NP22.3737.90 -41 96.66174.95 -45

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First Published: Jun 30 2021 | 7:56 AM IST

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