Techno Electric & Engineering Company standalone net profit rises 307.89% in the March 2021 quarter

Sales rise 88.29% to Rs 214.80 crore

Net profit of Techno Electric & Engineering Company rose 307.89% to Rs 12.93 crore in the quarter ended March 2021 as against Rs 3.17 crore during the previous quarter ended March 2020. Sales rose 88.29% to Rs 214.80 crore in the quarter ended March 2021 as against Rs 114.08 crore during the previous quarter ended March 2020.

For the full year,net profit rose 13.45% to Rs 200.45 crore in the year ended March 2021 as against Rs 176.69 crore during the previous year ended March 2020. Sales rose 1.49% to Rs 889.23 crore in the year ended March 2021 as against Rs 876.17 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales214.80114.08 88 889.23876.17 1 OPM %8.835.67 -24.3124.67 - PBDT25.2714.27 77 291.89255.07 14 PBT14.953.86 287 250.78213.55 17 NP12.933.17 308 200.45176.69 13

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