Igarashi Motors India standalone net profit rises 405.99% in the March 2021 quarter

Sales rise 42.69% to Rs 168.55 crore

Net profit of Igarashi Motors India rose 405.99% to Rs 10.98 crore in the quarter ended March 2021 as against Rs 2.17 crore during the previous quarter ended March 2020. Sales rose 42.69% to Rs 168.55 crore in the quarter ended March 2021 as against Rs 118.12 crore during the previous quarter ended March 2020.

For the full year,net profit declined 14.34% to Rs 25.62 crore in the year ended March 2021 as against Rs 29.91 crore during the previous year ended March 2020. Sales declined 0.29% to Rs 532.86 crore in the year ended March 2021 as against Rs 534.39 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales168.55118.12 43 532.86534.39 0 OPM %15.8111.23 -13.8414.49 - PBDT26.6010.57 152 77.1375.00 3 PBT15.360.09 16967 32.4532.46 0 NP10.982.17 406 25.6229.91 -14

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