Shriram Pistons & Rings consolidated net profit rises 312.21% in the March 2021 quarter

Sales rise 49.62% to Rs 545.77 crore

Net profit of Shriram Pistons & Rings rose 312.21% to Rs 53.01 crore in the quarter ended March 2021 as against Rs 12.86 crore during the previous quarter ended March 2020. Sales rose 49.62% to Rs 545.77 crore in the quarter ended March 2021 as against Rs 364.77 crore during the previous quarter ended March 2020.

For the full year,net profit rose 21.53% to Rs 88.75 crore in the year ended March 2021 as against Rs 73.03 crore during the previous year ended March 2020. Sales declined 0.63% to Rs 1596.60 crore in the year ended March 2021 as against Rs 1606.77 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales545.77364.77 50 1596.601606.77 -1 OPM %17.4711.40 -13.5011.33 - PBDT98.1042.97 128 222.54189.45 17 PBT71.6016.46 335 119.9886.41 39 NP53.0112.86 312 88.7573.03 22

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