Minda Industries consolidated net profit rises 971.15% in the March 2021 quarter

Sales rise 49.44% to Rs 2238.27 crore

Net profit of Minda Industries rose 971.15% to Rs 140.32 crore in the quarter ended March 2021 as against Rs 13.10 crore during the previous quarter ended March 2020. Sales rose 49.44% to Rs 2238.27 crore in the quarter ended March 2021 as against Rs 1497.75 crore during the previous quarter ended March 2020.

For the full year,net profit rose 33.16% to Rs 206.63 crore in the year ended March 2021 as against Rs 155.18 crore during the previous year ended March 2020. Sales rose 2.44% to Rs 6373.74 crore in the year ended March 2021 as against Rs 6222.03 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2238.271497.75 49 6373.746222.03 2 OPM %13.479.34 -11.3710.80 - PBDT295.38131.94 124 698.37618.12 13 PBT188.2342.47 343 323.07278.05 16 NP140.3213.10 971 206.63155.18 33

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