Maharashtra Scooters standalone net profit declines 97.38% in the March 2021 quarter

Sales rise 18.41% to Rs 7.46 crore

Net profit of Maharashtra Scooters declined 97.38% to Rs 2.81 crore in the quarter ended March 2021 as against Rs 107.14 crore during the previous quarter ended March 2020. Sales rose 18.41% to Rs 7.46 crore in the quarter ended March 2021 as against Rs 6.30 crore during the previous quarter ended March 2020.

For the full year,net profit declined 95.10% to Rs 8.81 crore in the year ended March 2021 as against Rs 179.94 crore during the previous year ended March 2020. Sales declined 0.53% to Rs 15.15 crore in the year ended March 2021 as against Rs 15.23 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales7.466.30 18 15.1515.23 -1 OPM %-5.23-5.40 --29.44-31.71 - PBDT3.33119.04 -97 10.97193.62 -94 PBT2.84118.55 -98 9.04191.80 -95 NP2.81107.14 -97 8.81179.94 -95

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