Salzer Electronics consolidated net profit declines 28.97% in the March 2021 quarter

Sales rise 41.86% to Rs 195.69 crore

Net profit of Salzer Electronics declined 28.97% to Rs 6.57 crore in the quarter ended March 2021 as against Rs 9.25 crore during the previous quarter ended March 2020. Sales rose 41.86% to Rs 195.69 crore in the quarter ended March 2021 as against Rs 137.95 crore during the previous quarter ended March 2020.

For the full year,net profit declined 24.31% to Rs 20.52 crore in the year ended March 2021 as against Rs 27.11 crore during the previous year ended March 2020. Sales rose 7.08% to Rs 625.74 crore in the year ended March 2021 as against Rs 584.35 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales195.69137.95 42 625.74584.35 7 OPM %8.5310.55 -10.0711.43 - PBDT12.839.29 38 43.8746.84 -6 PBT8.635.51 57 27.8632.09 -13 NP6.579.25 -29 20.5227.11 -24

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