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MSTC consolidated net profit rises 1509.98% in the March 2021 quarter

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Capital Market

Sales rise 60.53% to Rs 311.18 crore

Net profit of MSTC rose 1509.98% to Rs 75.83 crore in the quarter ended March 2021 as against Rs 4.71 crore during the previous quarter ended March 2020. Sales rose 60.53% to Rs 311.18 crore in the quarter ended March 2021 as against Rs 193.85 crore during the previous quarter ended March 2020.

For the full year,net profit rose 16.44% to Rs 112.96 crore in the year ended March 2021 as against Rs 97.01 crore during the previous year ended March 2020. Sales declined 36.62% to Rs 780.47 crore in the year ended March 2021 as against Rs 1231.40 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales311.18193.85 61 780.471231.40 -37 OPM %-43.38-3.12 --6.6511.98 - PBDT64.3025.08 156 154.56183.36 -16 PBT59.9520.30 195 135.88166.74 -19 NP75.834.71 1510 112.9697.01 16

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First Published: Jun 26 2021 | 7:49 AM IST

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