Gujarat Industries Power Co standalone net profit declines 29.70% in the March 2021 quarter

Sales decline 2.97% to Rs 332.34 crore

Net profit of Gujarat Industries Power Co declined 29.70% to Rs 43.53 crore in the quarter ended March 2021 as against Rs 61.92 crore during the previous quarter ended March 2020. Sales declined 2.97% to Rs 332.34 crore in the quarter ended March 2021 as against Rs 342.51 crore during the previous quarter ended March 2020.

For the full year,net profit declined 26.10% to Rs 183.26 crore in the year ended March 2021 as against Rs 247.98 crore during the previous year ended March 2020. Sales declined 3.15% to Rs 1335.35 crore in the year ended March 2021 as against Rs 1378.83 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales332.34342.51 -3 1335.351378.83 -3 OPM %31.4735.32 -33.3836.62 - PBDT102.63121.52 -16 433.83496.14 -13 PBT64.2472.50 -11 271.98305.38 -11 NP43.5361.92 -30 183.26247.98 -26

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