IOT Utkal Energy Services standalone net profit rises 187.10% in the March 2022 quarter

Sales rise 10.11% to Rs 133.70 crore

Net profit of IOT Utkal Energy Services rose 187.10% to Rs 7.12 crore in the quarter ended March 2022 as against Rs 2.48 crore during the previous quarter ended March 2021. Sales rose 10.11% to Rs 133.70 crore in the quarter ended March 2022 as against Rs 121.42 crore during the previous quarter ended March 2021.

For the full year,net profit rose 176.24% to Rs 19.42 crore in the year ended March 2022 as against Rs 7.03 crore during the previous year ended March 2021. Sales rose 3.11% to Rs 499.37 crore in the year ended March 2022 as against Rs 484.30 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales133.70121.42 10 499.37484.30 3 OPM %80.3387.38 -85.7188.14 - PBDT69.1662.97 10 264.61247.98 7 PBT9.513.32 186 25.959.39 176 NP7.122.48 187 19.427.03 176

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