Greaves Cotton consolidated net profit rises 22.42% in the March 2022 quarter

Sales rise 19.30% to Rs 620.82 crore

Net profit of Greaves Cotton rose 22.42% to Rs 16.71 crore in the quarter ended March 2022 as against Rs 13.65 crore during the previous quarter ended March 2021. Sales rose 19.30% to Rs 620.82 crore in the quarter ended March 2022 as against Rs 520.40 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 35.30 crore in the year ended March 2022 as against net loss of Rs 18.78 crore during the previous year ended March 2021. Sales rose 13.95% to Rs 1709.70 crore in the year ended March 2022 as against Rs 1500.40 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales620.82520.40 19 1709.701500.40 14 OPM %6.557.99 -1.595.31 - PBDT48.1343.05 12 44.2181.10 -45 PBT33.1626.83 24 -14.5220.67 PL NP16.7113.65 22 -35.30-18.78 -88

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