ISGEC Heavy Engineering consolidated net profit rises 380.82% in the March 2021 quarter

Sales rise 4.03% to Rs 1617.70 crore

Net profit of ISGEC Heavy Engineering rose 380.82% to Rs 63.42 crore in the quarter ended March 2021 as against Rs 13.19 crore during the previous quarter ended March 2020. Sales rose 4.03% to Rs 1617.70 crore in the quarter ended March 2021 as against Rs 1555.02 crore during the previous quarter ended March 2020.

For the full year,net profit rose 71.51% to Rs 247.85 crore in the year ended March 2021 as against Rs 144.51 crore during the previous year ended March 2020. Sales declined 7.76% to Rs 5425.57 crore in the year ended March 2021 as against Rs 5882.06 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1617.701555.02 4 5425.575882.06 -8 OPM %7.524.21 -8.395.52 - PBDT117.2456.39 108 456.67315.64 45 PBT95.6128.53 235 355.81214.45 66 NP63.4213.19 381 247.85144.51 72

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