Remsons Industries standalone net profit declines 61.15% in the March 2022 quarter

Sales rise 2.42% to Rs 61.86 crore

Net profit of Remsons Industries declined 61.15% to Rs 1.90 crore in the quarter ended March 2022 as against Rs 4.89 crore during the previous quarter ended March 2021. Sales rose 2.42% to Rs 61.86 crore in the quarter ended March 2022 as against Rs 60.40 crore during the previous quarter ended March 2021.

For the full year,net profit declined 46.70% to Rs 3.55 crore in the year ended March 2022 as against Rs 6.66 crore during the previous year ended March 2021. Sales rose 14.22% to Rs 223.28 crore in the year ended March 2022 as against Rs 195.48 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales61.8660.40 2 223.28195.48 14 OPM %7.587.63 -6.285.11 - PBDT4.004.11 -3 9.948.81 13 PBT2.553.18 -20 4.465.53 -19 NP1.904.89 -61 3.556.66 -47

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