Shriram Pistons & Rings standalone net profit declines 4.98% in the March 2022 quarter

Sales rise 7.60% to Rs 587.26 crore

Net profit of Shriram Pistons & Rings declined 4.98% to Rs 50.37 crore in the quarter ended March 2022 as against Rs 53.01 crore during the previous quarter ended March 2021. Sales rose 7.60% to Rs 587.26 crore in the quarter ended March 2022 as against Rs 545.77 crore during the previous quarter ended March 2021.

For the full year,net profit rose 84.30% to Rs 163.57 crore in the year ended March 2022 as against Rs 88.75 crore during the previous year ended March 2021. Sales rose 29.32% to Rs 2064.67 crore in the year ended March 2022 as against Rs 1596.60 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales587.26545.77 8 2064.671596.60 29 OPM %14.4317.47 -14.7513.50 - PBDT92.6798.10 -6 322.26222.54 45 PBT67.6471.60 -6 220.21119.98 84 NP50.3753.01 -5 163.5788.75 84

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