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Faze Three Autofab standalone net profit declines 16.85% in the March 2021 quarter

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Capital Market

Sales decline 3.00% to Rs 40.48 crore

Net profit of Faze Three Autofab declined 16.85% to Rs 3.06 crore in the quarter ended March 2021 as against Rs 3.68 crore during the previous quarter ended March 2020. Sales declined 3.00% to Rs 40.48 crore in the quarter ended March 2021 as against Rs 41.73 crore during the previous quarter ended March 2020.

For the full year,net profit rose 23.17% to Rs 11.11 crore in the year ended March 2021 as against Rs 9.02 crore during the previous year ended March 2020. Sales declined 19.12% to Rs 134.14 crore in the year ended March 2021 as against Rs 165.85 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales40.4841.73 -3 134.14165.85 -19 OPM %16.6312.08 -16.8510.20 - PBDT5.874.34 35 19.2813.22 46 PBT4.563.10 47 14.118.44 67 NP3.063.68 -17 11.119.02 23

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First Published: May 15 2021 | 5:59 PM IST

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