Investment & Precision Castings reports consolidated net loss of Rs 0.82 crore in the March 2022 quarter

Sales decline 0.22% to Rs 35.55 crore

Net loss of Investment & Precision Castings reported to Rs 0.82 crore in the quarter ended March 2022 as against net profit of Rs 2.90 crore during the previous quarter ended March 2021. Sales declined 0.22% to Rs 35.55 crore in the quarter ended March 2022 as against Rs 35.63 crore during the previous quarter ended March 2021.

For the full year,net profit declined 59.52% to Rs 0.17 crore in the year ended March 2022 as against Rs 0.42 crore during the previous year ended March 2021. Sales rose 26.52% to Rs 129.51 crore in the year ended March 2022 as against Rs 102.36 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales35.5535.63 0 129.51102.36 27 OPM %5.0119.98 -10.0312.36 - PBDT0.645.78 -89 7.597.17 6 PBT-1.184.02 PL 0.230.58 -60 NP-0.822.90 PL 0.170.42 -60

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