Pitti Engineering consolidated net profit declines 5.70% in the March 2022 quarter

Sales rise 59.32% to Rs 271.39 crore

Net profit of Pitti Engineering declined 5.70% to Rs 20.00 crore in the quarter ended March 2022 as against Rs 21.21 crore during the previous quarter ended March 2021. Sales rose 59.32% to Rs 271.39 crore in the quarter ended March 2022 as against Rs 170.34 crore during the previous quarter ended March 2021.

For the full year,net profit rose 80.32% to Rs 51.86 crore in the year ended March 2022 as against Rs 28.76 crore during the previous year ended March 2021. Sales rose 84.07% to Rs 953.82 crore in the year ended March 2022 as against Rs 518.17 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales271.39170.34 59 953.82518.17 84 OPM %13.0315.69 -13.9015.06 - PBDT38.1436.78 4 109.4468.93 59 PBT27.0028.31 -5 70.5738.54 83 NP20.0021.21 -6 51.8628.76 80

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