HPL Electric & Power consolidated net profit rises 457.54% in the March 2021 quarter

Sales rise 45.10% to Rs 307.84 crore

Net profit of HPL Electric & Power rose 457.54% to Rs 14.05 crore in the quarter ended March 2021 as against Rs 2.52 crore during the previous quarter ended March 2020. Sales rose 45.10% to Rs 307.84 crore in the quarter ended March 2021 as against Rs 212.16 crore during the previous quarter ended March 2020.

For the full year,net profit declined 54.25% to Rs 9.96 crore in the year ended March 2021 as against Rs 21.77 crore during the previous year ended March 2020. Sales declined 10.39% to Rs 875.09 crore in the year ended March 2021 as against Rs 976.51 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales307.84212.16 45 875.09976.51 -10 OPM %14.1912.72 -13.6012.79 - PBDT28.7213.21 117 58.6768.04 -14 PBT17.013.90 336 13.7230.62 -55 NP14.052.52 458 9.9621.77 -54

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