HP Adhesives standalone net profit declines 82.75% in the March 2022 quarter

13 May 2022 , 07:53 AM

Net profit of HP Adhesives declined 82.75% to Rs 0.69 crore in the quarter ended March 2022 as against Rs 4.00 crore during the previous quarter ended March 2021. Sales rose 30.66% to Rs 50.42 crore in the quarter ended March 2022 as against Rs 38.59 crore during the previous quarter ended March 2021. For the full year,net profit declined 40.26% to Rs 6.01 crore in the year ended March 2022 as against Rs 10.06 crore during the previous year ended March 2021. Sales rose 39.30% to Rs 164.60 crore in the year ended March 2022 as against Rs 118.16 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	50.42	38.59	31	164.60	118.16	39
OPM %	3.83	10.21	–	6.86	10.12	–
PBDT	1.72	5.77	-70	10.99	15.13	-27
PBT	1.03	5.32	-81	8.15	13.23	-38
NP	0.69	4.00	-83	6.01	10.06	-40

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