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Magna Eletrocasting standalone net profit declines 44.44% in the June 2021 quarter

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Capital Market

Sales rise 29.18% to Rs 22.40 crore

Net profit of Magna Eletrocasting declined 44.44% to Rs 0.85 crore in the quarter ended June 2021 as against Rs 1.53 crore during the previous quarter ended June 2020. Sales rose 29.18% to Rs 22.40 crore in the quarter ended June 2021 as against Rs 17.34 crore during the previous quarter ended June 2020. ParticularsQuarter EndedJun. 2021Jun. 2020% Var.Sales22.4017.34 29 OPM %9.3315.17 -PBDT2.252.91 -23 PBT1.142.13 -46 NP0.851.53 -44

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First Published: Jul 30 2021 | 12:45 PM IST

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