Engineers India consolidated net profit declines 79.17% in the March 2021 quarter

Sales rise 30.95% to Rs 1131.90 crore

Net profit of Engineers India declined 79.17% to Rs 24.93 crore in the quarter ended March 2021 as against Rs 119.69 crore during the previous quarter ended March 2020. Sales rose 30.95% to Rs 1131.90 crore in the quarter ended March 2021 as against Rs 864.38 crore during the previous quarter ended March 2020.

For the full year,net profit declined 41.27% to Rs 248.91 crore in the year ended March 2021 as against Rs 423.82 crore during the previous year ended March 2020. Sales declined 2.85% to Rs 3144.17 crore in the year ended March 2021 as against Rs 3236.54 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1131.90864.38 31 3144.173236.54 -3 OPM %15.1113.10 -11.1314.00 - PBDT208.49179.01 16 534.93707.02 -24 PBT201.36172.24 17 511.28683.02 -25 NP24.93119.69 -79 248.91423.82 -41

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