Business Standard

Magna Eletrocasting standalone net profit declines 39.29% in the March 2021 quarter

Image

Capital Market

Sales rise 41.31% to Rs 28.53 crore

Net profit of Magna Eletrocasting declined 39.29% to Rs 0.17 crore in the quarter ended March 2021 as against Rs 0.28 crore during the previous quarter ended March 2020. Sales rose 41.31% to Rs 28.53 crore in the quarter ended March 2021 as against Rs 20.19 crore during the previous quarter ended March 2020.

For the full year,net profit declined 22.57% to Rs 5.18 crore in the year ended March 2021 as against Rs 6.69 crore during the previous year ended March 2020. Sales rose 1.56% to Rs 97.82 crore in the year ended March 2021 as against Rs 96.32 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales28.5320.19 41 97.8296.32 2 OPM %3.193.22 -10.2611.24 - PBDT1.021.47 -31 11.1912.86 -13 PBT-0.040.44 PL 7.028.50 -17 NP0.170.28 -39 5.186.69 -23

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 25 2021 | 3:12 PM IST

Explore News