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TVS Electronics standalone net profit declines 23.25% in the March 2022 quarter

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Capital Market

Sales rise 22.06% to Rs 88.26 crore

Net profit of TVS Electronics declined 23.25% to Rs 4.49 crore in the quarter ended March 2022 as against Rs 5.85 crore during the previous quarter ended March 2021. Sales rose 22.06% to Rs 88.26 crore in the quarter ended March 2022 as against Rs 72.31 crore during the previous quarter ended March 2021.

For the full year,net profit rose 1861.04% to Rs 15.10 crore in the year ended March 2022 as against Rs 0.77 crore during the previous year ended March 2021. Sales rose 37.20% to Rs 307.47 crore in the year ended March 2022 as against Rs 224.11 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales88.2672.31 22 307.47224.11 37 OPM %8.8410.59 -8.583.82 - PBDT7.897.77 2 26.668.71 206 PBT5.976.05 -1 20.330.94 2063 NP4.495.85 -23 15.100.77 1861

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First Published: May 14 2022 | 5:06 PM IST

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