NIBE standalone net profit rises 954.84% in the March 2022 quarter

16 May 2022 , 05:16 PM

Net profit of NIBE rose 954.84% to Rs 3.27 crore in the quarter ended March 2022 as against Rs 0.31 crore during the previous quarter ended March 2021. Sales rose 225.50% to Rs 8.17 crore in the quarter ended March 2022 as against Rs 2.51 crore during the previous quarter ended March 2021. For the full year,net profit rose 61.54% to Rs 0.21 crore in the year ended March 2022 as against Rs 0.13 crore during the previous year ended March 2021. Sales rose 746.22% to Rs 21.24 crore in the year ended March 2022 as against Rs 2.51 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	8.17	2.51	225	21.24	2.51	746
OPM %	29.38	13.94	–	-2.31	5.58	–
PBDT	3.56	0.37	862	0.72	0.19	279
PBT	3.44	0.37	830	0.40	0.19	111
NP	3.27	0.31	955	0.21	0.13	62

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