Results     30-May-23
Announcements
Commercial Syn Bags consolidated net profit declines 60.82% in the March 2023 quarter
Sales decline 38.19% to Rs 60.58 crore
Net profit of Commercial Syn Bags declined 60.82% to Rs 2.39 crore in the quarter ended March 2023 as against Rs 6.10 crore during the previous quarter ended March 2022. Sales declined 38.19% to Rs 60.58 crore in the quarter ended March 2023 as against Rs 98.01 crore during the previous quarter ended March 2022.

For the full year,net profit declined 55.82% to Rs 8.09 crore in the year ended March 2023 as against Rs 18.31 crore during the previous year ended March 2022. Sales declined 10.05% to Rs 290.17 crore in the year ended March 2023 as against Rs 322.59 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales60.5898.01 -38 290.17322.59 -10
OPM %11.2110.72 -8.1310.42 -
PBDT5.2510.26 -49 19.0830.64 -38
PBT2.697.74 -65 9.4621.19 -55
NP2.396.10 -61 8.0918.31 -56

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