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Elecon Engineering Company consolidated net profit rises 46.38% in the March 2022 quarter

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Capital Market

Sales decline 5.82% to Rs 329.74 crore

Net profit of Elecon Engineering Company rose 46.38% to Rs 46.30 crore in the quarter ended March 2022 as against Rs 31.63 crore during the previous quarter ended March 2021. Sales declined 5.82% to Rs 329.74 crore in the quarter ended March 2022 as against Rs 350.13 crore during the previous quarter ended March 2021.

For the full year,net profit rose 143.78% to Rs 140.49 crore in the year ended March 2022 as against Rs 57.63 crore during the previous year ended March 2021. Sales rose 15.20% to Rs 1203.55 crore in the year ended March 2022 as against Rs 1044.71 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales329.74350.13 -6 1203.551044.71 15 OPM %20.7921.00 -20.4817.77 - PBDT65.7260.10 9 219.10133.40 64 PBT53.8047.13 14 170.5381.29 110 NP46.3031.63 46 140.4957.63 144

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First Published: May 03 2022 | 5:53 PM IST

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