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Somi Conveyor Beltings standalone net profit declines 76.54% in the March 2021 quarter

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Capital Market

Sales rise 170.67% to Rs 20.49 crore

Net profit of Somi Conveyor Beltings declined 76.54% to Rs 0.38 crore in the quarter ended March 2021 as against Rs 1.62 crore during the previous quarter ended March 2020. Sales rose 170.67% to Rs 20.49 crore in the quarter ended March 2021 as against Rs 7.57 crore during the previous quarter ended March 2020.

For the full year,net profit declined 27.57% to Rs 1.76 crore in the year ended March 2021 as against Rs 2.43 crore during the previous year ended March 2020. Sales rose 1.30% to Rs 46.88 crore in the year ended March 2021 as against Rs 46.28 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales20.497.57 171 46.8846.28 1 OPM %7.5614.00 -13.9115.64 - PBDT0.840.68 24 3.374.37 -23 PBT0.502.12 -76 2.353.26 -28 NP0.381.62 -77 1.762.43 -28

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First Published: Jun 30 2021 | 8:13 AM IST

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