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JTEKT India standalone net profit declines 46.56% in the March 2022 quarter

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Capital Market

Sales decline 0.01% to Rs 476.79 crore

Net profit of JTEKT India declined 46.56% to Rs 12.74 crore in the quarter ended March 2022 as against Rs 23.84 crore during the previous quarter ended March 2021. Sales declined 0.01% to Rs 476.79 crore in the quarter ended March 2022 as against Rs 476.82 crore during the previous quarter ended March 2021.

For the full year,net profit rose 168.99% to Rs 33.14 crore in the year ended March 2022 as against Rs 12.32 crore during the previous year ended March 2021. Sales rose 19.28% to Rs 1610.50 crore in the year ended March 2022 as against Rs 1350.20 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales476.79476.82 0 1610.501350.20 19 OPM %7.8010.72 -6.916.85 - PBDT38.1950.98 -25 117.9095.62 23 PBT22.7532.29 -30 51.9917.69 194 NP12.7423.84 -47 33.1412.32 169

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First Published: May 20 2022 | 3:32 PM IST

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