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Greaves Cotton standalone net profit declines 70.78% in the December 2021 quarter

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Capital Market

Sales decline 31.19% to Rs 300.53 crore

Net profit of Greaves Cotton declined 70.78% to Rs 8.39 crore in the quarter ended December 2021 as against Rs 28.71 crore during the previous quarter ended December 2020. Sales declined 31.19% to Rs 300.53 crore in the quarter ended December 2021 as against Rs 436.75 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales300.53436.75 -31 OPM %5.7212.32 -PBDT22.9155.37 -59 PBT12.5643.17 -71 NP8.3928.71 -71

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First Published: Feb 08 2022 | 5:27 PM IST

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