Elecon Engineering Company consolidated net profit declines 54.94% in the March 2021 quarter

Sales rise 30.41% to Rs 350.13 crore

Net profit of Elecon Engineering Company declined 54.94% to Rs 31.63 crore in the quarter ended March 2021 as against Rs 70.20 crore during the previous quarter ended March 2020. Sales rose 30.41% to Rs 350.13 crore in the quarter ended March 2021 as against Rs 268.49 crore during the previous quarter ended March 2020.

For the full year,net profit declined 35.75% to Rs 57.63 crore in the year ended March 2021 as against Rs 89.70 crore during the previous year ended March 2020. Sales declined 4.02% to Rs 1044.71 crore in the year ended March 2021 as against Rs 1088.46 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales350.13268.49 30 1044.711088.46 -4 OPM %21.0010.53 -17.7712.90 - PBDT60.1010.24 487 133.4072.77 83 PBT47.13-5.79 LP 81.2919.51 317 NP31.6370.20 -55 57.6389.70 -36

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