Enkei Wheels India standalone net profit declines 85.03% in the December 2020 quarter

Sales rise 51.99% to Rs 81.48 crore

Net profit of Enkei Wheels India declined 85.03% to Rs 2.06 crore in the quarter ended December 2020 as against Rs 13.76 crore during the previous quarter ended December 2019. Sales rose 51.99% to Rs 81.48 crore in the quarter ended December 2020 as against Rs 53.61 crore during the previous quarter ended December 2019.

For the full year,net loss reported to Rs 31.36 crore in the year ended December 2020 as against net profit of Rs 2.73 crore during the previous year ended December 2019. Sales declined 11.83% to Rs 235.20 crore in the year ended December 2020 as against Rs 266.76 crore during the previous year ended December 2019.

ParticularsQuarter EndedYear EndedDec. 2020Dec. 2019% Var.Dec. 2020Dec. 2019% Var.Sales81.4853.61 52 235.20266.76 -12 OPM %12.19-16.25 --0.06-1.74 - PBDT7.81-9.83 LP -10.87-8.81 -23 PBT2.55-16.24 LP -32.64-26.57 -23 NP2.0613.76 -85 -31.362.73 PL

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