Piramal Glass Ceylon PLC (the “Firm”) reported its annual outcomes as at thirty first March 2021, with a turnover of Rs. 8,532 Million and PAT of 1,096 Million as in opposition to Rs. 7,531 Million & Rs. 389 Million within the earlier 12 months, reflecting a y-o-y progress of 13% in income and a y-o-y progress of 181% in PAT. The home gross sales throughout the 12 months grew by 13.4% from Rs. 5,240 Million to five,944 Million and the Export market grew by 13% from Rs. 2,291 Million in F20 to Rs. 2,588 Million in F21. Through the quarter (This autumn) beneath evaluate, income of Rs. 2,571 Million was achieved as in comparison with Rs. 1,699 Million within the corresponding interval within the earlier 12 months, reflecting a progress of 51%. The Firm reported a revenue after tax of Rs. 401 Million for the quarter as in comparison with Rs. 59 Million within the corresponding quarter within the earlier 12 months. The corporate achieved a home gross sales progress of 40% to Rs. 1,767 million as in opposition to Rs. 1,258 million in the same interval within the earlier 12 months. Within the export phase, the gross sales grew by 82% from Rs. 441 million within the earlier 12 months to Rs. 804 Million throughout the quarter beneath evaluate. The gross margin for the quarter elevated from 16% to 24% as in comparison with the same interval of the earlier 12 months. For the complete 12 months ended thirty first March 2021, the corporate achieved a gross revenue margin of twenty-two%.
The incomes per share stands at Rs.1.15 in F’21 as in opposition to Rs.» Read more from island.lk