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Prince Pipes & Fittings standalone net profit rises 175.08% in the December 2020 quarter

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Capital Market

Sales rise 38.67% to Rs 549.01 crore

Net profit of Prince Pipes & Fittings rose 175.08% to Rs 66.79 crore in the quarter ended December 2020 as against Rs 24.28 crore during the previous quarter ended December 2019. Sales rose 38.67% to Rs 549.01 crore in the quarter ended December 2020 as against Rs 395.90 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales549.01395.90 39 OPM %18.7513.48 -PBDT104.0545.23 130 PBT88.9731.90 179 NP66.7924.28 175

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First Published: Feb 05 2021 | 5:39 PM IST

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