CG Power & Industrial Solutions consolidated net profit declines 62.00% in the March 2022 quarter

Sales rise 34.78% to Rs 1506.56 crore

Net profit of CG Power & Industrial Solutions declined 62.00% to Rs 111.86 crore in the quarter ended March 2022 as against Rs 294.38 crore during the previous quarter ended March 2021. Sales rose 34.78% to Rs 1506.56 crore in the quarter ended March 2022 as against Rs 1117.81 crore during the previous quarter ended March 2021.

For the full year,net profit declined 29.46% to Rs 913.60 crore in the year ended March 2022 as against Rs 1295.20 crore during the previous year ended March 2021. Sales rose 87.63% to Rs 5561.40 crore in the year ended March 2022 as against Rs 2963.95 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1506.561117.81 35 5561.402963.95 88 OPM %11.355.48 -11.783.63 - PBDT162.4251.88 213 628.6821.86 2776 PBT139.1919.32 620 527.47-116.45 LP NP111.86294.38 -62 913.601295.20 -29

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