MTAR Technologies consolidated net profit rises 103.04% in the March 2021 quarter

Sales rise 12.27% to Rs 69.16 crore

Net profit of MTAR Technologies rose 103.04% to Rs 18.01 crore in the quarter ended March 2021 as against Rs 8.87 crore during the previous quarter ended March 2020. Sales rose 12.27% to Rs 69.16 crore in the quarter ended March 2021 as against Rs 61.60 crore during the previous quarter ended March 2020.

For the full year,net profit rose 47.09% to Rs 46.07 crore in the year ended March 2021 as against Rs 31.32 crore during the previous year ended March 2020. Sales rose 15.28% to Rs 246.43 crore in the year ended March 2021 as against Rs 213.77 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales69.1661.60 12 246.43213.77 15 OPM %43.4623.57 -33.7127.11 - PBDT28.4815.72 81 77.3857.58 34 PBT25.2412.77 98 64.8345.53 42 NP18.018.87 103 46.0731.32 47

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