Rites consolidated net profit declines 0.92% in the March 2021 quarter

Sales rise 11.42% to Rs 635.87 crore

Net profit of Rites declined 0.92% to Rs 137.73 crore in the quarter ended March 2021 as against Rs 139.01 crore during the previous quarter ended March 2020. Sales rose 11.42% to Rs 635.87 crore in the quarter ended March 2021 as against Rs 570.70 crore during the previous quarter ended March 2020.

For the full year,net profit declined 29.82% to Rs 432.38 crore in the year ended March 2021 as against Rs 616.10 crore during the previous year ended March 2020. Sales declined 24.85% to Rs 1859.54 crore in the year ended March 2021 as against Rs 2474.41 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales635.87570.70 11 1859.542474.41 -25 OPM %29.0428.66 -27.1026.70 - PBDT197.36207.41 -5 644.42921.62 -30 PBT183.90194.23 -5 592.55874.35 -32 NP137.73139.01 -1 432.38616.10 -30

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