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Magna Electro Castings standalone net profit rises 222.67% in the December 2021 quarter

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Capital Market

Sales rise 53.09% to Rs 40.63 crore

Net profit of Magna Electro Castings rose 222.67% to Rs 2.42 crore in the quarter ended December 2021 as against Rs 0.75 crore during the previous quarter ended December 2020. Sales rose 53.09% to Rs 40.63 crore in the quarter ended December 2021 as against Rs 26.54 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales40.6326.54 53 OPM %11.547.01 -PBDT4.782.43 97 PBT3.521.30 171 NP2.420.75 223

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First Published: Jan 31 2022 | 1:38 PM IST

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