TVS Electronics reports standalone net profit of Rs 5.85 crore in the March 2021 quarter

Sales rise 35.79% to Rs 72.31 crore

Net profit of TVS Electronics reported to Rs 5.85 crore in the quarter ended March 2021 as against net loss of Rs 5.69 crore during the previous quarter ended March 2020. Sales rose 35.79% to Rs 72.31 crore in the quarter ended March 2021 as against Rs 53.25 crore during the previous quarter ended March 2020.

For the full year,net profit rose 97.44% to Rs 0.77 crore in the year ended March 2021 as against Rs 0.39 crore during the previous year ended March 2020. Sales declined 13.13% to Rs 224.11 crore in the year ended March 2021 as against Rs 257.97 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales72.3153.25 36 224.11257.97 -13 OPM %10.59-3.00 -3.824.23 - PBDT7.77-0.63 LP 8.7113.88 -37 PBT6.05-4.07 LP 0.943.48 -73 NP5.85-5.69 LP 0.770.39 97

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