TVS Srichakra consolidated net profit rises 44.75% in the March 2021 quarter

Sales rise 39.52% to Rs 601.99 crore

Net profit of TVS Srichakra rose 44.75% to Rs 35.03 crore in the quarter ended March 2021 as against Rs 24.20 crore during the previous quarter ended March 2020. Sales rose 39.52% to Rs 601.99 crore in the quarter ended March 2021 as against Rs 431.47 crore during the previous quarter ended March 2020.

For the full year,net profit declined 10.23% to Rs 73.92 crore in the year ended March 2021 as against Rs 82.34 crore during the previous year ended March 2020. Sales declined 7.82% to Rs 1939.21 crore in the year ended March 2021 as against Rs 2103.74 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales601.99431.47 40 1939.212103.74 -8 OPM %13.197.78 -11.7910.23 - PBDT76.2128.26 170 201.81187.60 8 PBT45.95-2.89 LP 98.0087.43 12 NP35.0324.20 45 73.9282.34 -10

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