Wheels India consolidated net profit rises 679.47% in the March 2021 quarter

Sales rise 57.55% to Rs 927.37 crore

Net profit of Wheels India rose 679.47% to Rs 26.58 crore in the quarter ended March 2021 as against Rs 3.41 crore during the previous quarter ended March 2020. Sales rose 57.55% to Rs 927.37 crore in the quarter ended March 2021 as against Rs 588.61 crore during the previous quarter ended March 2020.

For the full year,net profit declined 96.29% to Rs 1.82 crore in the year ended March 2021 as against Rs 49.06 crore during the previous year ended March 2020. Sales declined 9.67% to Rs 2413.37 crore in the year ended March 2021 as against Rs 2671.61 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales927.37588.61 58 2413.372671.61 -10 OPM %7.896.05 -5.926.44 - PBDT59.8823.33 157 86.40113.45 -24 PBT34.903.15 1008 0.8035.53 -98 NP26.583.41 679 1.8249.06 -96

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