Nava Bharat Ventures consolidated net profit declines 5.98% in the March 2021 quarter

Sales decline 14.88% to Rs 688.67 crore

Net profit of Nava Bharat Ventures declined 5.98% to Rs 134.42 crore in the quarter ended March 2021 as against Rs 142.97 crore during the previous quarter ended March 2020. Sales declined 14.88% to Rs 688.67 crore in the quarter ended March 2021 as against Rs 809.10 crore during the previous quarter ended March 2020.

For the full year,net profit rose 7.02% to Rs 423.24 crore in the year ended March 2021 as against Rs 395.46 crore during the previous year ended March 2020. Sales declined 7.62% to Rs 2548.50 crore in the year ended March 2021 as against Rs 2758.72 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales688.67809.10 -15 2548.502758.72 -8 OPM %37.1429.40 -41.8138.99 - PBDT284.99269.59 6 966.39879.06 10 PBT211.94198.59 7 666.61590.42 13 NP134.42142.97 -6 423.24395.46 7

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