GNA Axles consolidated net profit rises 496.76% in the March 2021 quarter

Sales rise 71.60% to Rs 310.12 crore

Net profit of GNA Axles rose 496.76% to Rs 27.63 crore in the quarter ended March 2021 as against Rs 4.63 crore during the previous quarter ended March 2020. Sales rose 71.60% to Rs 310.12 crore in the quarter ended March 2021 as against Rs 180.72 crore during the previous quarter ended March 2020.

For the full year,net profit rose 33.93% to Rs 70.62 crore in the year ended March 2021 as against Rs 52.73 crore during the previous year ended March 2020. Sales declined 2.14% to Rs 889.59 crore in the year ended March 2021 as against Rs 909.02 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales310.12180.72 72 889.59909.02 -2 OPM %15.6010.44 -16.1713.69 - PBDT47.5016.67 185 136.77112.17 22 PBT37.316.07 515 96.0569.81 38 NP27.634.63 497 70.6252.73 34

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