Investment & Precision Castings consolidated net profit rises 1015.38% in the March 2021 quarter

Sales rise 54.98% to Rs 35.63 crore

Net profit of Investment & Precision Castings rose 1015.38% to Rs 2.90 crore in the quarter ended March 2021 as against Rs 0.26 crore during the previous quarter ended March 2020. Sales rose 54.98% to Rs 35.63 crore in the quarter ended March 2021 as against Rs 22.99 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 0.42 crore in the year ended March 2021 as against net loss of Rs 0.72 crore during the previous year ended March 2020. Sales rose 10.65% to Rs 102.36 crore in the year ended March 2021 as against Rs 92.51 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales35.6322.99 55 102.3692.51 11 OPM %19.9814.92 -12.3612.36 - PBDT5.781.80 221 7.175.51 30 PBT4.020.33 1118 0.58-1.08 LP NP2.900.26 1015 0.42-0.72 LP

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