NRB Industrial Bearings reports consolidated net loss of Rs 1.79 crore in the March 2021 quarter

Sales rise 120.23% to Rs 19.49 crore

Net Loss of NRB Industrial Bearings reported to Rs 1.79 crore in the quarter ended March 2021 as against net loss of Rs 2.98 crore during the previous quarter ended March 2020. Sales rose 120.23% to Rs 19.49 crore in the quarter ended March 2021 as against Rs 8.85 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 3.98 crore in the year ended March 2021 as against net loss of Rs 19.31 crore during the previous year ended March 2020. Sales rose 35.31% to Rs 56.41 crore in the year ended March 2021 as against Rs 41.69 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales19.498.85 120 56.4141.69 35 OPM %11.296.78 -10.74-8.78 - PBDT0.48-0.61 LP 0.26-10.00 LP PBT-1.72-2.85 40 -8.66-18.91 54 NP-1.79-2.98 40 3.98-19.31 LP

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