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Titagarh Wagons reports standalone net profit of Rs 17.16 crore in the March 2021 quarter

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Capital Market

Sales decline 23.06% to Rs 269.38 crore

Net profit of Titagarh Wagons reported to Rs 17.16 crore in the quarter ended March 2021 as against net loss of Rs 117.23 crore during the previous quarter ended March 2020. Sales declined 23.06% to Rs 269.38 crore in the quarter ended March 2021 as against Rs 350.12 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 50.28 crore in the year ended March 2021 as against net loss of Rs 79.92 crore during the previous year ended March 2020. Sales declined 30.89% to Rs 1025.79 crore in the year ended March 2021 as against Rs 1484.21 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales269.38350.12 -23 1025.791484.21 -31 OPM %12.2210.28 -11.638.68 - PBDT25.0521.79 15 75.8781.00 -6 PBT20.5614.93 38 60.1462.86 -4 NP17.16-117.23 LP 50.28-79.92 LP

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First Published: Jun 08 2021 | 2:02 PM IST

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