Emergent Industrial Solutions standalone net profit declines 75.00% in the March 2022 quarter

Sales decline 71.45% to Rs 32.96 crore

Net profit of Emergent Industrial Solutions declined 75.00% to Rs 0.10 crore in the quarter ended March 2022 as against Rs 0.40 crore during the previous quarter ended March 2021. Sales declined 71.45% to Rs 32.96 crore in the quarter ended March 2022 as against Rs 115.46 crore during the previous quarter ended March 2021.

For the full year,net profit declined 65.50% to Rs 1.48 crore in the year ended March 2022 as against Rs 4.29 crore during the previous year ended March 2021. Sales declined 79.62% to Rs 104.73 crore in the year ended March 2022 as against Rs 513.91 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales32.96115.46 -71 104.73513.91 -80 OPM %-3.55-1.50 --1.240.18 - PBDT0.180.61 -70 2.065.83 -65 PBT0.170.59 -71 2.005.77 -65 NP0.100.40 -75 1.484.29 -66

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