Bimetal Bearings consolidated net profit declines 12.20% in the March 2022 quarter

Sales rise 1.58% to Rs 54.50 crore

Net profit of Bimetal Bearings declined 12.20% to Rs 2.59 crore in the quarter ended March 2022 as against Rs 2.95 crore during the previous quarter ended March 2021. Sales rose 1.58% to Rs 54.50 crore in the quarter ended March 2022 as against Rs 53.65 crore during the previous quarter ended March 2021.

For the full year,net profit rose 17.28% to Rs 4.48 crore in the year ended March 2022 as against Rs 3.82 crore during the previous year ended March 2021. Sales rose 24.28% to Rs 196.93 crore in the year ended March 2022 as against Rs 158.46 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales54.5053.65 2 196.93158.46 24 OPM %7.414.70 -4.032.57 - PBDT5.164.09 26 12.159.13 33 PBT3.462.54 36 5.883.63 62 NP2.592.95 -12 4.483.82 17

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