Bimetal Bearings consolidated net profit declines 20.27% in the March 2021 quarter

Sales rise 46.50% to Rs 53.65 crore

Net profit of Bimetal Bearings declined 20.27% to Rs 2.95 crore in the quarter ended March 2021 as against Rs 3.70 crore during the previous quarter ended March 2020. Sales rose 46.50% to Rs 53.65 crore in the quarter ended March 2021 as against Rs 36.62 crore during the previous quarter ended March 2020.

For the full year,net profit rose 253.70% to Rs 3.82 crore in the year ended March 2021 as against Rs 1.08 crore during the previous year ended March 2020. Sales rose 6.26% to Rs 158.46 crore in the year ended March 2021 as against Rs 149.13 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales53.6536.62 47 158.46149.13 6 OPM %4.706.83 -2.570 - PBDT4.095.45 -25 9.136.51 40 PBT2.543.97 -36 3.630.84 332 NP2.953.70 -20 3.821.08 254

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