Vedavaag Systems consolidated net profit rises 494.12% in the March 2021 quarter

Sales decline 10.28% to Rs 25.14 crore

Net profit of Vedavaag Systems rose 494.12% to Rs 2.02 crore in the quarter ended March 2021 as against Rs 0.34 crore during the previous quarter ended March 2020. Sales declined 10.28% to Rs 25.14 crore in the quarter ended March 2021 as against Rs 28.02 crore during the previous quarter ended March 2020.

For the full year,net profit rose 12.00% to Rs 7.00 crore in the year ended March 2021 as against Rs 6.25 crore during the previous year ended March 2020. Sales declined 6.47% to Rs 72.18 crore in the year ended March 2021 as against Rs 77.17 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales25.1428.02 -10 72.1877.17 -6 OPM %16.118.14 -20.7018.04 - PBDT4.892.43 101 15.4314.05 10 PBT3.120.62 403 9.668.35 16 NP2.020.34 494 7.006.25 12

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