Hind Rectifiers standalone net profit declines 58.94% in the March 2021 quarter

Sales decline 2.98% to Rs 75.57 crore

Net profit of Hind Rectifiers declined 58.94% to Rs 0.85 crore in the quarter ended March 2021 as against Rs 2.07 crore during the previous quarter ended March 2020. Sales declined 2.98% to Rs 75.57 crore in the quarter ended March 2021 as against Rs 77.89 crore during the previous quarter ended March 2020.

For the full year,net profit declined 71.16% to Rs 5.33 crore in the year ended March 2021 as against Rs 18.48 crore during the previous year ended March 2020. Sales rose 1.83% to Rs 305.10 crore in the year ended March 2021 as against Rs 299.62 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales75.5777.89 -3 305.10299.62 2 OPM %5.527.42 -6.4112.40 - PBDT2.174.07 -47 11.1930.31 -63 PBT1.122.93 -62 7.3626.24 -72 NP0.852.07 -59 5.3318.48 -71

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