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RACL Geartech consolidated net profit declines 32.46% in the March 2022 quarter

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Capital Market

Sales rise 4.40% to Rs 70.22 crore

Net profit of RACL Geartech declined 32.46% to Rs 4.91 crore in the quarter ended March 2022 as against Rs 7.27 crore during the previous quarter ended March 2021. Sales rose 4.40% to Rs 70.22 crore in the quarter ended March 2022 as against Rs 67.26 crore during the previous quarter ended March 2021.

For the full year,net profit rose 1.79% to Rs 23.91 crore in the year ended March 2022 as against Rs 23.49 crore during the previous year ended March 2021. Sales rose 33.21% to Rs 271.22 crore in the year ended March 2022 as against Rs 203.61 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales70.2267.26 4 271.22203.61 33 OPM %18.1425.66 -21.0625.06 - PBDT11.2117.06 -34 48.6246.66 4 PBT7.149.55 -25 32.9130.24 9 NP4.917.27 -32 23.9123.49 2

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First Published: May 28 2022 | 8:01 AM IST

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