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Orient Cement standalone net profit declines 26.67% in the March 2022 quarter

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Capital Market

Sales decline 3.34% to Rs 803.86 crore

Net profit of Orient Cement declined 26.67% to Rs 73.24 crore in the quarter ended March 2022 as against Rs 99.88 crore during the previous quarter ended March 2021. Sales declined 3.34% to Rs 803.86 crore in the quarter ended March 2022 as against Rs 831.62 crore during the previous quarter ended March 2021.

For the full year,net profit rose 22.90% to Rs 263.25 crore in the year ended March 2022 as against Rs 214.19 crore during the previous year ended March 2021. Sales rose 17.27% to Rs 2725.42 crore in the year ended March 2022 as against Rs 2324.09 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales803.86831.62 -3 2725.422324.09 17 OPM %19.0824.35 -21.6923.69 - PBDT150.45189.33 -21 549.21475.46 16 PBT113.83153.45 -26 404.00333.61 21 NP73.2499.88 -27 263.25214.19 23

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First Published: May 11 2022 | 4:26 PM IST

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