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Tirupati Forge standalone net profit declines 36.36% in the March 2021 quarter

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Capital Market

Sales rise 66.37% to Rs 11.23 crore

Net profit of Tirupati Forge declined 36.36% to Rs 0.14 crore in the quarter ended March 2021 as against Rs 0.22 crore during the previous quarter ended March 2020. Sales rose 66.37% to Rs 11.23 crore in the quarter ended March 2021 as against Rs 6.75 crore during the previous quarter ended March 2020.

For the full year,net profit rose 39.29% to Rs 0.39 crore in the year ended March 2021 as against Rs 0.28 crore during the previous year ended March 2020. Sales rose 10.61% to Rs 29.41 crore in the year ended March 2021 as against Rs 26.59 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales11.236.75 66 29.4126.59 11 OPM %6.238.74 -9.088.88 - PBDT0.690.69 0 2.502.20 14 PBT0.200.31 -35 0.540.38 42 NP0.140.22 -36 0.390.28 39

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First Published: Jun 09 2021 | 8:00 AM IST

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