ISGEC Heavy Engineering consolidated net profit declines 40.65% in the March 2022 quarter

Sales decline 1.33% to Rs 1596.15 crore

Net profit of ISGEC Heavy Engineering declined 40.65% to Rs 37.64 crore in the quarter ended March 2022 as against Rs 63.42 crore during the previous quarter ended March 2021. Sales declined 1.33% to Rs 1596.15 crore in the quarter ended March 2022 as against Rs 1617.70 crore during the previous quarter ended March 2021.

For the full year,net profit declined 56.09% to Rs 108.82 crore in the year ended March 2022 as against Rs 247.85 crore during the previous year ended March 2021. Sales rose 1.36% to Rs 5499.34 crore in the year ended March 2022 as against Rs 5425.57 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1596.151617.70 -1 5499.345425.57 1 OPM %6.677.52 -5.668.39 - PBDT75.81117.24 -35 259.46456.67 -43 PBT48.4095.61 -49 158.10355.81 -56 NP37.6463.42 -41 108.82247.85 -56

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