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Sadbhav Engineering consolidated net profit declines 99.54% in the March 2021 quarter

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Capital Market

Sales decline 1.00% to Rs 623.15 crore

Net profit of Sadbhav Engineering declined 99.54% to Rs 4.04 crore in the quarter ended March 2021 as against Rs 886.63 crore during the previous quarter ended March 2020. Sales declined 1.00% to Rs 623.15 crore in the quarter ended March 2021 as against Rs 629.47 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 154.91 crore in the year ended March 2021 as against net profit of Rs 792.83 crore during the previous year ended March 2020. Sales declined 35.67% to Rs 2243.28 crore in the year ended March 2021 as against Rs 3487.05 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales623.15629.47 -1 2243.283487.05 -36 OPM %23.3628.62 -26.6632.76 - PBDT-12.45-56.49 78 -51.32106.48 PL PBT-55.12-139.86 61 -262.33-294.70 11 NP4.04886.63 -100 -154.91792.83 PL

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First Published: Jul 01 2021 | 6:13 PM IST

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