Solitaire Machine Tools standalone net profit declines 76.47% in the March 2022 quarter

Sales decline 33.94% to Rs 4.34 crore

Net profit of Solitaire Machine Tools declined 76.47% to Rs 0.28 crore in the quarter ended March 2022 as against Rs 1.19 crore during the previous quarter ended March 2021. Sales declined 33.94% to Rs 4.34 crore in the quarter ended March 2022 as against Rs 6.57 crore during the previous quarter ended March 2021.

For the full year,net profit declined 25.35% to Rs 1.06 crore in the year ended March 2022 as against Rs 1.42 crore during the previous year ended March 2021. Sales declined 20.86% to Rs 13.58 crore in the year ended March 2022 as against Rs 17.16 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales4.346.57 -34 13.5817.16 -21 OPM %12.6715.07 -14.0614.22 - PBDT0.490.96 -49 1.792.32 -23 PBT0.351.21 -71 1.221.67 -27 NP0.281.19 -76 1.061.42 -25

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