ITI consolidated net profit rises 520.42% in the March 2021 quarter

Sales rise 94.67% to Rs 1266.32 crore

Net profit of ITI rose 520.42% to Rs 199.65 crore in the quarter ended March 2021 as against Rs 32.18 crore during the previous quarter ended March 2020. Sales rose 94.67% to Rs 1266.32 crore in the quarter ended March 2021 as against Rs 650.48 crore during the previous quarter ended March 2020.

For the full year,net profit declined 93.49% to Rs 9.48 crore in the year ended March 2021 as against Rs 145.71 crore during the previous year ended March 2020. Sales rose 14.73% to Rs 2362.18 crore in the year ended March 2021 as against Rs 2058.87 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1266.32650.48 95 2362.182058.87 15 OPM %14.1510.16 -2.177.10 - PBDT210.3342.57 394 53.05189.37 -72 PBT201.2933.08 508 11.20147.48 -92 NP199.6532.18 520 9.48145.71 -93

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