Global Offshore Services consolidated net profit rises 268.72% in the March 2021 quarter

Sales decline 26.88% to Rs 21.71 crore

Net profit of Global Offshore Services rose 268.72% to Rs 163.60 crore in the quarter ended March 2021 as against Rs 44.37 crore during the previous quarter ended March 2020. Sales declined 26.88% to Rs 21.71 crore in the quarter ended March 2021 as against Rs 29.69 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 218.11 crore in the year ended March 2021 as against net loss of Rs 34.83 crore during the previous year ended March 2020. Sales declined 36.30% to Rs 77.67 crore in the year ended March 2021 as against Rs 121.94 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales21.7129.69 -27 77.67121.94 -36 OPM %-10.0495.25 --10.4019.62 - PBDT5.207.11 -27 -29.94-46.48 36 PBT-2.670.28 PL -60.43-77.25 22 NP163.6044.37 269 218.11-34.83 LP

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