Orbit Exports consolidated net profit declines 46.48% in the March 2021 quarter

Sales decline 32.00% to Rs 20.34 crore

Net profit of Orbit Exports declined 46.48% to Rs 1.75 crore in the quarter ended March 2021 as against Rs 3.27 crore during the previous quarter ended March 2020. Sales declined 32.00% to Rs 20.34 crore in the quarter ended March 2021 as against Rs 29.91 crore during the previous quarter ended March 2020.

For the full year,net profit declined 90.94% to Rs 2.38 crore in the year ended March 2021 as against Rs 26.26 crore during the previous year ended March 2020. Sales declined 52.94% to Rs 66.83 crore in the year ended March 2021 as against Rs 142.02 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales20.3429.91 -32 66.83142.02 -53 OPM %21.5318.89 -16.0328.81 - PBDT5.696.73 -15 14.8145.99 -68 PBT2.993.84 -22 3.8334.30 -89 NP1.753.27 -46 2.3826.26 -91

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