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Mahindra EPC Irrigation consolidated net profit declines 57.47% in the March 2021 quarter

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Capital Market

Sales decline 13.45% to Rs 71.54 crore

Net profit of Mahindra EPC Irrigation declined 57.47% to Rs 4.07 crore in the quarter ended March 2021 as against Rs 9.57 crore during the previous quarter ended March 2020. Sales declined 13.45% to Rs 71.54 crore in the quarter ended March 2021 as against Rs 82.66 crore during the previous quarter ended March 2020.

For the full year,net profit declined 17.71% to Rs 18.96 crore in the year ended March 2021 as against Rs 23.04 crore during the previous year ended March 2020. Sales declined 10.47% to Rs 254.22 crore in the year ended March 2021 as against Rs 283.96 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales71.5482.66 -13 254.22283.96 -10 OPM %8.0716.86 -10.1212.89 - PBDT6.4214.04 -54 28.1635.95 -22 PBT5.6212.88 -56 25.0732.15 -22 NP4.079.57 -57 18.9623.04 -18

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First Published: May 12 2021 | 7:33 AM IST

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