Mahindra EPC Irrigation consolidated net profit declines 96.56% in the March 2022 quarter

Sales decline 7.07% to Rs 66.48 crore

Net profit of Mahindra EPC Irrigation declined 96.56% to Rs 0.14 crore in the quarter ended March 2022 as against Rs 4.07 crore during the previous quarter ended March 2021. Sales declined 7.07% to Rs 66.48 crore in the quarter ended March 2022 as against Rs 71.54 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 7.91 crore in the year ended March 2022 as against net profit of Rs 18.96 crore during the previous year ended March 2021. Sales declined 16.63% to Rs 211.94 crore in the year ended March 2022 as against Rs 254.22 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales66.4871.54 -7 211.94254.22 -17 OPM %1.078.07 --2.7610.12 - PBDT0.406.42 -94 -7.3628.16 PL PBT-0.385.62 PL -10.5225.07 PL NP0.144.07 -97 -7.9118.96 PL

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