Vedavaag Systems standalone net profit rises 139.68% in the March 2021 quarter

Sales decline 11.21% to Rs 16.87 crore

Net profit of Vedavaag Systems rose 139.68% to Rs 1.51 crore in the quarter ended March 2021 as against Rs 0.63 crore during the previous quarter ended March 2020. Sales declined 11.21% to Rs 16.87 crore in the quarter ended March 2021 as against Rs 19.00 crore during the previous quarter ended March 2020.

For the full year,net profit rose 9.68% to Rs 5.89 crore in the year ended March 2021 as against Rs 5.37 crore during the previous year ended March 2020. Sales declined 10.32% to Rs 55.90 crore in the year ended March 2021 as against Rs 62.33 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales16.8719.00 -11 55.9062.33 -10 OPM %11.803.11 -17.5715.45 - PBDT2.800.74 278 10.289.76 5 PBT2.210.74 199 7.957.14 11 NP1.510.63 140 5.895.37 10

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