Tips Industries standalone net profit declines 12.81% in the March 2022 quarter

31 May 2022 , 11:31 AM

Net profit of Tips Industries declined 12.81% to Rs 15.93 crore in the quarter ended March 2022 as against Rs 18.27 crore during the previous quarter ended March 2021. Sales rose 23.44% to Rs 34.12 crore in the quarter ended March 2022 as against Rs 27.64 crore during the previous quarter ended March 2021. For the full year,net profit rose 48.52% to Rs 64.56 crore in the year ended March 2022 as against Rs 43.47 crore during the previous year ended March 2021. Sales rose 49.77% to Rs 135.59 crore in the year ended March 2022 as against Rs 90.53 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	34.12	27.64	23	135.59	90.53	50
OPM %	59.58	68.99	–	63.60	60.94	–
PBDT	21.63	21.93	-1	89.38	60.04	49
PBT	21.36	21.73	-2	88.63	59.23	50
NP	15.93	18.27	-13	64.56	43.47	49

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