JTEKT India consolidated net profit declines 44.21% in the March 2022 quarter

Sales decline 0.10% to Rs 470.02 crore

Net profit of JTEKT India declined 44.21% to Rs 14.12 crore in the quarter ended March 2022 as against Rs 25.31 crore during the previous quarter ended March 2021. Sales declined 0.10% to Rs 470.02 crore in the quarter ended March 2022 as against Rs 470.49 crore during the previous quarter ended March 2021.

For the full year,net profit rose 214.66% to Rs 36.91 crore in the year ended March 2022 as against Rs 11.73 crore during the previous year ended March 2021. Sales rose 19.19% to Rs 1588.80 crore in the year ended March 2022 as against Rs 1332.97 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales470.02470.49 0 1588.801332.97 19 OPM %8.9511.93 -8.017.71 - PBDT43.2356.12 -23 133.84103.46 29 PBT26.5536.09 -26 62.9620.51 207 NP14.1225.31 -44 36.9111.73 215

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