Hercules Hoists standalone net profit declines 53.98% in the March 2021 quarter
Sales rise 20.86% to Rs 28.04 crore
Net profit of Hercules Hoists declined 53.98% to Rs 2.60 crore in the quarter ended March 2021 as against Rs 5.65 crore during the previous quarter ended March 2020. Sales rose 20.86% to Rs 28.04 crore in the quarter ended March 2021 as against Rs 23.20 crore during the previous quarter ended March 2020.For the full year,net profit declined 40.22% to Rs 7.76 crore in the year ended March 2021 as against Rs 12.98 crore during the previous year ended March 2020. Sales declined 5.58% to Rs 78.37 crore in the year ended March 2021 as against Rs 83.00 crore during the previous year ended March 2020.
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