Maris Spinners standalone net profit declines 85.37% in the March 2022 quarter

16 May 2022 , 08:24 AM

Net profit of Maris Spinners declined 85.37% to Rs 0.91 crore in the quarter ended March 2022 as against Rs 6.22 crore during the previous quarter ended March 2021. Sales rose 22.79% to Rs 50.54 crore in the quarter ended March 2022 as against Rs 41.16 crore during the previous quarter ended March 2021. For the full year,net profit rose 128.25% to Rs 15.43 crore in the year ended March 2022 as against Rs 6.76 crore during the previous year ended March 2021. Sales rose 60.72% to Rs 170.40 crore in the year ended March 2022 as against Rs 106.02 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	50.54	41.16	23	170.40	106.02	61
OPM %	10.68	26.43	–	18.25	16.62	–
PBDT	4.84	9.79	-51	27.68	13.45	106
PBT	3.74	8.69	-57	23.33	9.23	153
NP	0.91	6.22	-85	15.43	6.76	128

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