Jindal Drilling & Industries reports consolidated net profit of Rs 44.56 crore in the March 2021 quarter

Sales rise 24.37% to Rs 112.36 crore

Net profit of Jindal Drilling & Industries reported to Rs 44.56 crore in the quarter ended March 2021 as against net loss of Rs 546.80 crore during the previous quarter ended March 2020. Sales rose 24.37% to Rs 112.36 crore in the quarter ended March 2021 as against Rs 90.34 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 5.87 crore in the year ended March 2021 as against net loss of Rs 590.69 crore during the previous year ended March 2020. Sales rose 84.02% to Rs 397.86 crore in the year ended March 2021 as against Rs 216.20 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales112.3690.34 24 397.86216.20 84 OPM %19.18-595.86 -10.16-267.72 - PBDT59.26-527.99 LP 34.24-557.73 LP PBT51.37-536.14 LP 1.86-583.49 LP NP44.56-546.80 LP -5.87-590.69 99

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