Indian Acrylics reports Profit after tax of Rs 104.16 Mln, in the December 2020 quarter

07 Jan 2021
The sales moved up 25.76% to Rs. 1881.74 millions for the December 2020 quarter as compared to Rs. 1496.24 millions during the year-ago period.The Net Profit of the company reported a remarkable increase of 947.89% to Rs. 104.16  millions  from Rs. 9.94 millions in previous same quarter.Operating profit for the quarter ended December 2020 rose to 257.22 millions as compared to 141.64 millions of corresponding quarter ended December 2019.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202012 201912 % Var 202012 201912 % Var 202003 201903 % Var
Sales 1881.74 1496.24 25.76 3643.91 5768.31 -36.83 7442.26 7313.92 1.75
Other Income 8.95 5.47 63.62 30.90 22.02 40.33 42.46 58.24 -27.09
PBIDT 257.22 141.64 81.60 263.97 481.13 -45.14 714.83 360.93 98.05
Interest 89.67 71.88 24.75 234.20 238.31 -1.72 380.44 284.78 33.59
PBDT 167.55 69.76 140.18 29.77 242.82 -87.74 334.39 301.28 10.99
Depreciation 63.39 59.82 5.97 189.84 170.14 11.58 222.30 178.22 24.73
PBT 104.16 9.94 947.89 -160.07 72.68 -320.24 112.09 123.06 -8.91
TAX 0.00 0.00 0.00 0.00 0.00 0.00 5.04 7.08 -28.81
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 104.16 9.94 947.89 -160.07 72.68 -320.24 107.05 115.98 -7.70
Equity 1353.20 1353.20 0.00 1353.20 1353.20 0.00 1353.20 1353.20 0.00
PBIDTM(%) 13.67 9.47 44.40 7.24 8.34 -13.15 9.61 4.93 94.64
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