Coromandel Engineering Company standalone net profit rises 21.63% in the March 2021 quarter

Sales rise 86.42% to Rs 41.05 crore

Net profit of Coromandel Engineering Company rose 21.63% to Rs 2.53 crore in the quarter ended March 2021 as against Rs 2.08 crore during the previous quarter ended March 2020. Sales rose 86.42% to Rs 41.05 crore in the quarter ended March 2021 as against Rs 22.02 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 7.98 crore in the year ended March 2021 as against net loss of Rs 4.66 crore during the previous year ended March 2020. Sales rose 88.16% to Rs 108.51 crore in the year ended March 2021 as against Rs 57.67 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales41.0522.02 86 108.5157.67 88 OPM %3.43-0.36 --1.04-2.39 - PBDT-0.121.47 PL -7.52-4.72 -59 PBT-0.830.80 PL -10.46-8.07 -30 NP2.532.08 22 -7.98-4.66 -71

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