NESCO consolidated net profit declines 24.94% in the March 2021 quarter

Sales decline 36.25% to Rs 75.07 crore

Net profit of NESCO declined 24.94% to Rs 39.72 crore in the quarter ended March 2021 as against Rs 52.92 crore during the previous quarter ended March 2020. Sales declined 36.25% to Rs 75.07 crore in the quarter ended March 2021 as against Rs 117.75 crore during the previous quarter ended March 2020.

For the full year,net profit declined 26.26% to Rs 172.46 crore in the year ended March 2021 as against Rs 233.89 crore during the previous year ended March 2020. Sales declined 32.57% to Rs 291.10 crore in the year ended March 2021 as against Rs 431.73 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales75.07117.75 -36 291.10431.73 -33 OPM %63.3160.54 -63.7864.44 - PBDT55.2482.93 -33 242.04314.72 -23 PBT49.0278.06 -37 216.31292.29 -26 NP39.7252.92 -25 172.46233.89 -26

Powered by Capital Market - Live News