Bimetal Bearings standalone net profit declines 23.28% in the March 2021 quarter

Sales rise 46.50% to Rs 53.65 crore

Net profit of Bimetal Bearings declined 23.28% to Rs 2.90 crore in the quarter ended March 2021 as against Rs 3.78 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 138.79% to Rs 3.94 crore in the year ended March 2021 as against Rs 1.65 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 %4.727.05 -2.650 - PBDT4.055.53 -27 9.267.07 31 PBT2.504.05 -38 3.751.40 168 NP2.903.78 -23 3.941.65 139

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