Stovec Industries standalone net profit rises 27.59% in the December 2021 quarter

26 Feb 2022 , 08:15 AM

Net profit of Stovec Industries rose 27.59% to Rs 5.92 crore in the quarter ended December 2021 as against Rs 4.64 crore during the previous quarter ended December 2020. Sales rose 14.55% to Rs 57.23 crore in the quarter ended December 2021 as against Rs 49.96 crore during the previous quarter ended December 2020.

For the full year,net profit rose 120.21% to Rs 29.64 crore in the year ended December 2021 as against Rs 13.46 crore during the previous year ended December 2020. Sales rose 54.52% to Rs 233.36 crore in the year ended December 2021 as against Rs 151.02 crore during the previous year ended December 2020.

Particulars	Quarter Ended	Year Ended
?	Dec. 2021	Dec. 2020	% Var.	Dec. 2021	Dec. 2020	% Var.
Sales	57.23	49.96	15	233.36	151.02	55
OPM %	11.22	12.21	–	15.83	10.50	–
PBDT	7.82	7.31	7	42.56	21.69	96
PBT	6.52	6.00	9	37.46	17.16	118
NP	5.92	4.64	28	29.64	13.46	120

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