Garden Reach Shipbuilders & Engineers standalone net profit rises 16.72% in the March 2021 quarter

Sales decline 12.67% to Rs 398.83 crore

Net profit of Garden Reach Shipbuilders & Engineers rose 16.72% to Rs 58.00 crore in the quarter ended March 2021 as against Rs 49.69 crore during the previous quarter ended March 2020. Sales declined 12.67% to Rs 398.83 crore in the quarter ended March 2021 as against Rs 456.69 crore during the previous quarter ended March 2020.

For the full year,net profit declined 6.12% to Rs 153.47 crore in the year ended March 2021 as against Rs 163.48 crore during the previous year ended March 2020. Sales declined 20.40% to Rs 1140.84 crore in the year ended March 2021 as against Rs 1433.30 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales398.83456.69 -13 1140.841433.30 -20 OPM %9.427.56 -6.322.82 - PBDT86.3187.66 -2 256.96264.57 -3 PBT78.5479.77 -2 227.87234.48 -3 NP58.0049.69 17 153.47163.48 -6

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