Vascon Engineers consolidated net profit rises 324.31% in the March 2022 quarter

Sales rise 15.05% to Rs 217.92 crore

Net profit of Vascon Engineers rose 324.31% to Rs 10.82 crore in the quarter ended March 2022 as against Rs 2.55 crore during the previous quarter ended March 2021. Sales rose 15.05% to Rs 217.92 crore in the quarter ended March 2022 as against Rs 189.41 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 35.92 crore in the year ended March 2022 as against net loss of Rs 40.28 crore during the previous year ended March 2021. Sales rose 28.83% to Rs 653.03 crore in the year ended March 2022 as against Rs 506.88 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales217.92189.41 15 653.03506.88 29 OPM %8.364.52 -2.84-2.64 - PBDT17.065.47 212 51.14-27.79 LP PBT14.192.18 551 40.36-39.87 LP NP10.822.55 324 35.92-40.28 LP

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