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Omax Autos standalone net profit rises 511.82% in the March 2021 quarter

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Capital Market

Sales decline 37.55% to Rs 58.17 crore

Net profit of Omax Autos rose 511.82% to Rs 20.19 crore in the quarter ended March 2021 as against Rs 3.30 crore during the previous quarter ended March 2020. Sales declined 37.55% to Rs 58.17 crore in the quarter ended March 2021 as against Rs 93.15 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 10.10 crore in the year ended March 2021 as against net profit of Rs 43.58 crore during the previous year ended March 2020. Sales declined 65.40% to Rs 161.49 crore in the year ended March 2021 as against Rs 466.68 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales58.1793.15 -38 161.49466.68 -65 OPM %-23.59-0.24 --25.804.42 - PBDT-11.41-2.98 -283 -46.8217.19 PL PBT-16.84-5.46 -208 -59.356.94 PL NP20.193.30 512 -10.1043.58 PL

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First Published: Jun 23 2021 | 7:59 AM IST

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