Escorts consolidated net profit rises 107.52% in the March 2021 quarter

Sales rise 60.85% to Rs 2228.75 crore

Net profit of Escorts rose 107.52% to Rs 265.42 crore in the quarter ended March 2021 as against Rs 127.90 crore during the previous quarter ended March 2020. Sales rose 60.85% to Rs 2228.75 crore in the quarter ended March 2021 as against Rs 1385.65 crore during the previous quarter ended March 2020.

For the full year,net profit rose 84.53% to Rs 871.46 crore in the year ended March 2021 as against Rs 472.25 crore during the previous year ended March 2020. Sales rose 20.73% to Rs 7014.42 crore in the year ended March 2021 as against Rs 5810.09 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2228.751385.65 61 7014.425810.09 21 OPM %15.1913.03 -16.0511.38 - PBDT377.27207.53 82 1273.06741.69 72 PBT346.19179.15 93 1154.78634.47 82 NP265.42127.90 108 871.46472.25 85

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