Nitiraj Engineers reports consolidated net loss of Rs 3.11 crore in the March 2022 quarter

Sales decline 10.53% to Rs 13.59 crore

Net loss of Nitiraj Engineers reported to Rs 3.11 crore in the quarter ended March 2022 as against net profit of Rs 0.66 crore during the previous quarter ended March 2021. Sales declined 10.53% to Rs 13.59 crore in the quarter ended March 2022 as against Rs 15.19 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 3.53 crore in the year ended March 2022 as against net profit of Rs 3.54 crore during the previous year ended March 2021. Sales declined 25.79% to Rs 39.63 crore in the year ended March 2022 as against Rs 53.40 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales13.5915.19 -11 39.6353.40 -26 OPM %-2.5810.73 -4.0615.02 - PBDT-0.201.72 PL 1.707.97 -79 PBT-1.090.93 PL -1.434.87 PL NP-3.110.66 PL -3.533.54 PL

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