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Olectra Greentech reports standalone net profit of Rs 9.00 crore in the March 2021 quarter

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Capital Market

Sales rise 117.31% to Rs 144.75 crore

Net profit of Olectra Greentech reported to Rs 9.00 crore in the quarter ended March 2021 as against net loss of Rs 5.61 crore during the previous quarter ended March 2020. Sales rose 117.31% to Rs 144.75 crore in the quarter ended March 2021 as against Rs 66.61 crore during the previous quarter ended March 2020.

For the full year,net profit rose 14.11% to Rs 12.21 crore in the year ended March 2021 as against Rs 10.70 crore during the previous year ended March 2020. Sales declined 29.91% to Rs 277.22 crore in the year ended March 2021 as against Rs 395.53 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales144.7566.61 117 277.22395.53 -30 OPM %10.52-7.55 -7.532.30 - PBDT15.57-6.69 LP 24.8821.68 15 PBT12.15-8.47 LP 15.9912.85 24 NP9.00-5.61 LP 12.2110.70 14

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First Published: Jun 16 2021 | 6:18 PM IST

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