CG Power & Industrial Solutions standalone net profit declines 83.82% in the March 2022 quarter

Sales rise 37.68% to Rs 1407.25 crore

Net profit of CG Power & Industrial Solutions declined 83.82% to Rs 109.02 crore in the quarter ended March 2022 as against Rs 673.77 crore during the previous quarter ended March 2021. Sales rose 37.68% to Rs 1407.25 crore in the quarter ended March 2022 as against Rs 1022.10 crore during the previous quarter ended March 2021.

For the full year,net profit declined 8.99% to Rs 627.06 crore in the year ended March 2022 as against Rs 688.99 crore during the previous year ended March 2021. Sales rose 104.25% to Rs 5159.18 crore in the year ended March 2022 as against Rs 2525.89 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1407.251022.10 38 5159.182525.89 104 OPM %11.135.33 -11.574.53 - PBDT148.9147.79 212 575.75-9.59 LP PBT131.2028.15 366 502.03-90.80 LP NP109.02673.77 -84 627.06688.99 -9

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