Timken India standalone net profit declines 13.58% in the March 2021 quarter

Sales rise 17.34% to Rs 475.36 crore

Net profit of Timken India declined 13.58% to Rs 52.93 crore in the quarter ended March 2021 as against Rs 61.25 crore during the previous quarter ended March 2020. Sales rose 17.34% to Rs 475.36 crore in the quarter ended March 2021 as against Rs 405.10 crore during the previous quarter ended March 2020.

For the full year,net profit declined 41.82% to Rs 143.18 crore in the year ended March 2021 as against Rs 246.09 crore during the previous year ended March 2020. Sales declined 12.76% to Rs 1410.52 crore in the year ended March 2021 as against Rs 1616.87 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales475.36405.10 17 1410.521616.87 -13 OPM %18.2723.06 -17.8522.42 - PBDT94.13100.90 -7 269.94383.21 -30 PBT74.6682.38 -9 195.06306.35 -36 NP52.9361.25 -14 143.18246.09 -42

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