India Nippon Electricals consolidated net profit rises 15.83% in the March 2021 quarter

Sales rise 33.67% to Rs 150.06 crore

Net profit of India Nippon Electricals rose 15.83% to Rs 13.61 crore in the quarter ended March 2021 as against Rs 11.75 crore during the previous quarter ended March 2020. Sales rose 33.67% to Rs 150.06 crore in the quarter ended March 2021 as against Rs 112.26 crore during the previous quarter ended March 2020.

For the full year,net profit declined 27.05% to Rs 39.64 crore in the year ended March 2021 as against Rs 54.34 crore during the previous year ended March 2020. Sales rose 0.51% to Rs 481.23 crore in the year ended March 2021 as against Rs 478.81 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales150.06112.26 34 481.23478.81 1 OPM %10.878.29 -9.4211.47 - PBDT20.3515.79 29 60.9680.66 -24 PBT17.5713.16 34 50.6171.25 -29 NP13.6111.75 16 39.6454.34 -27

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