Birla Tyres reports standalone net loss of Rs 444.95 crore in the March 2022 quarter

Sales decline 95.15% to Rs 1.04 crore

Net Loss of Birla Tyres reported to Rs 444.95 crore in the quarter ended March 2022 as against net loss of Rs 50.06 crore during the previous quarter ended March 2021. Sales declined 95.15% to Rs 1.04 crore in the quarter ended March 2022 as against Rs 21.43 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 655.67 crore in the year ended March 2022 as against net loss of Rs 287.63 crore during the previous year ended March 2021. Sales declined 96.05% to Rs 5.42 crore in the year ended March 2022 as against Rs 137.36 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1.0421.43 -95 5.42137.36 -96 OPM %-613.46-126.74 --579.70-78.42 - PBDT-47.96-42.08 -14 -190.54-254.34 25 PBT-54.69-50.06 -9 -220.15-287.63 23 NP-444.95-50.06 -789 -655.67-287.63 -128

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