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NELCO consolidated net profit declines 23.02% in the March 2021 quarter

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Capital Market

Sales rise 5.88% to Rs 64.83 crore

Net profit of NELCO declined 23.02% to Rs 4.48 crore in the quarter ended March 2021 as against Rs 5.82 crore during the previous quarter ended March 2020. Sales rose 5.88% to Rs 64.83 crore in the quarter ended March 2021 as against Rs 61.23 crore during the previous quarter ended March 2020.

For the full year,net profit declined 14.05% to Rs 12.36 crore in the year ended March 2021 as against Rs 14.38 crore during the previous year ended March 2020. Sales rose 2.81% to Rs 226.12 crore in the year ended March 2021 as against Rs 219.93 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales64.8361.23 6 226.12219.93 3 OPM %20.4825.41 -19.8422.63 - PBDT12.1912.35 -1 38.1839.13 -2 PBT6.307.00 -10 15.8819.11 -17 NP4.485.82 -23 12.3614.38 -14

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First Published: Apr 29 2021 | 8:11 AM IST

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