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Olectra Greentech standalone net profit rises 94.11% in the March 2022 quarter

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Capital Market

Sales rise 85.22% to Rs 268.10 crore

Net profit of Olectra Greentech rose 94.11% to Rs 17.47 crore in the quarter ended March 2022 as against Rs 9.00 crore during the previous quarter ended March 2021. Sales rose 85.22% to Rs 268.10 crore in the quarter ended March 2022 as against Rs 144.75 crore during the previous quarter ended March 2021.

For the full year,net profit rose 192.38% to Rs 35.70 crore in the year ended March 2022 as against Rs 12.21 crore during the previous year ended March 2021. Sales rose 111.18% to Rs 585.43 crore in the year ended March 2022 as against Rs 277.22 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales268.10144.75 85 585.43277.22 111 OPM %11.5610.52 -13.817.53 - PBDT30.0015.57 93 79.4724.88 219 PBT23.5312.15 94 54.6215.99 242 NP17.479.00 94 35.7012.21 192

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First Published: May 02 2022 | 2:43 PM IST

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