Bharat Wire Ropes reports standalone net profit of Rs 28.39 crore in the March 2021 quarter

Sales decline 7.52% to Rs 68.98 crore

Net profit of Bharat Wire Ropes reported to Rs 28.39 crore in the quarter ended March 2021 as against net loss of Rs 12.07 crore during the previous quarter ended March 2020. Sales declined 7.52% to Rs 68.98 crore in the quarter ended March 2021 as against Rs 74.59 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 16.79 crore in the year ended March 2021 as against net loss of Rs 60.96 crore during the previous year ended March 2020. Sales declined 2.93% to Rs 250.17 crore in the year ended March 2021 as against Rs 257.71 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales68.9874.59 -8 250.17257.71 -3 OPM %10.6416.79 -12.9711.24 - PBDT43.79-10.94 LP -1.12-60.20 98 PBT38.44-16.36 LP -22.81-82.00 72 NP28.39-12.07 LP -16.79-60.96 72

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