Kinetic Engineering reports standalone net profit of Rs 1.29 crore in the March 2021 quarter

Sales rise 42.35% to Rs 31.09 crore

Net profit of Kinetic Engineering reported to Rs 1.29 crore in the quarter ended March 2021 as against net loss of Rs 0.56 crore during the previous quarter ended March 2020. Sales rose 42.35% to Rs 31.09 crore in the quarter ended March 2021 as against Rs 21.84 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 6.23 crore in the year ended March 2021 as against net loss of Rs 9.12 crore during the previous year ended March 2020. Sales declined 26.70% to Rs 82.59 crore in the year ended March 2021 as against Rs 112.68 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales31.0921.84 42 82.59112.68 -27 OPM %12.169.94 -4.631.72 - PBDT2.931.22 140 0.55-1.91 LP PBT1.29-0.56 LP -6.23-9.12 32 NP1.29-0.56 LP -6.23-9.12 32

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