Honda India Power Products standalone net profit rises 215.26% in the March 2021 quarter

Sales rise 51.08% to Rs 295.62 crore

Net profit of Honda India Power Products rose 215.26% to Rs 15.29 crore in the quarter ended March 2021 as against Rs 4.85 crore during the previous quarter ended March 2020. Sales rose 51.08% to Rs 295.62 crore in the quarter ended March 2021 as against Rs 195.67 crore during the previous quarter ended March 2020.

For the full year,net profit declined 26.83% to Rs 48.67 crore in the year ended March 2021 as against Rs 66.52 crore during the previous year ended March 2020. Sales rose 10.64% to Rs 938.94 crore in the year ended March 2021 as against Rs 848.64 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales295.62195.67 51 938.94848.64 11 OPM %7.003.90 -7.6810.92 - PBDT25.0011.16 124 86.40108.14 -20 PBT20.185.85 245 66.1486.06 -23 NP15.294.85 215 48.6766.52 -27

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