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India Grid Trust consolidated net profit declines 31.77% in the March 2021 quarter

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Capital Market

Sales rise 52.17% to Rs 507.22 crore

Net profit of India Grid Trust declined 31.77% to Rs 68.00 crore in the quarter ended March 2021 as against Rs 99.67 crore during the previous quarter ended March 2020. Sales rose 52.17% to Rs 507.22 crore in the quarter ended March 2021 as against Rs 333.32 crore during the previous quarter ended March 2020.

For the full year,net profit declined 34.01% to Rs 333.71 crore in the year ended March 2021 as against Rs 505.72 crore during the previous year ended March 2020. Sales rose 34.02% to Rs 1704.85 crore in the year ended March 2021 as against Rs 1272.04 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales507.22333.32 52 1704.851272.04 34 OPM %77.5090.74 -85.0495.82 - PBDT194.07184.96 5 772.52810.10 -5 PBT73.6599.25 -26 342.04499.99 -32 NP68.0099.67 -32 333.71505.72 -34

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First Published: May 28 2021 | 7:38 AM IST

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