Fibres and Yarns
In the March 2021 quarter, Sharad Fibres & Yarn Processors reported a solo net profit of Rs 15.66 crore
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Author: Manali Bhanushali
Sharad Fibres & Yarn Processors recorded a net profit of Rs 15.66 crore in the quarter ended March 2021, compared to a net loss of Rs 0.31 crore in the preceding quarter ending March 2020. Sales fell 57.75 percent to Rs 0.30 crore in the March 2021 quarter, compared to Rs 0.71 crore in the March 2020 quarter.
Net profit for the fiscal year ended March 2021 was Rs 14.98 crore, compared to a net loss of Rs 0.96 crore in the preceding fiscal year ending March 2020. Sales fell 50.74 percent to Rs 1.00 crore in the fiscal year ended March 2021, compared to Rs 2.03 crore in the preceding fiscal year ending March 2020.