Elecon Engineering Company standalone net profit declines 63.96% in the March 2021 quarter

Sales rise 35.59% to Rs 273.47 crore

Net profit of Elecon Engineering Company declined 63.96% to Rs 22.43 crore in the quarter ended March 2021 as against Rs 62.23 crore during the previous quarter ended March 2020. Sales rose 35.59% to Rs 273.47 crore in the quarter ended March 2021 as against Rs 201.69 crore during the previous quarter ended March 2020.

For the full year,net profit declined 49.93% to Rs 36.26 crore in the year ended March 2021 as against Rs 72.42 crore during the previous year ended March 2020. Sales declined 4.71% to Rs 796.36 crore in the year ended March 2021 as against Rs 835.74 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales273.47201.69 36 796.36835.74 -5 OPM %21.126.38 -18.0912.60 - PBDT47.60-1.93 LP 100.5944.97 124 PBT37.18-13.64 LP 58.281.28 4453 NP22.4362.23 -64 36.2672.42 -50

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