Kirloskar Ferrous Industries standalone net profit declines 51.78% in the March 2022 quarter

Sales rise 20.28% to Rs 900.56 crore

Net profit of Kirloskar Ferrous Industries declined 51.78% to Rs 65.26 crore in the quarter ended March 2022 as against Rs 135.33 crore during the previous quarter ended March 2021. Sales rose 20.28% to Rs 900.56 crore in the quarter ended March 2022 as against Rs 748.70 crore during the previous quarter ended March 2021.

For the full year,net profit rose 34.42% to Rs 406.10 crore in the year ended March 2022 as against Rs 302.11 crore during the previous year ended March 2021. Sales rose 77.37% to Rs 3614.97 crore in the year ended March 2022 as against Rs 2038.08 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales900.56748.70 20 3614.972038.08 77 OPM %12.4426.14 -17.9022.64 - PBDT108.90191.06 -43 630.55439.17 44 PBT85.52170.97 -50 542.69363.19 49 NP65.26135.33 -52 406.10302.11 34

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