IP Rings standalone net profit declines 89.45% in the December 2021 quarter

5 Feb 2022 , 08:15 AM

Net profit of IP Rings declined 89.45% to Rs 0.44 crore in the quarter ended December 2021 as against Rs 4.17 crore during the previous quarter ended December 2020. Sales rose 8.00% to Rs 71.95 crore in the quarter ended December 2021 as against Rs 66.62 crore during the previous quarter ended December 2020.

Particulars	Quarter Ended
?	Dec. 2021	Dec. 2020	% Var.
Sales	71.95	66.62	8
OPM %	8.98	16.06	–
PBDT	4.25	8.77	-52
PBT	0.64	5.61	-89
NP	0.44	4.17	-89

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