ISGEC Heavy Engineering standalone net profit declines 52.25% in the March 2022 quarter

Sales rise 3.18% to Rs 1363.06 crore

Net profit of ISGEC Heavy Engineering declined 52.25% to Rs 35.21 crore in the quarter ended March 2022 as against Rs 73.74 crore during the previous quarter ended March 2021. Sales rose 3.18% to Rs 1363.06 crore in the quarter ended March 2022 as against Rs 1321.11 crore during the previous quarter ended March 2021.

For the full year,net profit declined 48.30% to Rs 112.82 crore in the year ended March 2022 as against Rs 218.24 crore during the previous year ended March 2021. Sales rose 3.13% to Rs 4444.46 crore in the year ended March 2022 as against Rs 4309.61 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1363.061321.11 3 4444.464309.61 3 OPM %4.987.37 -4.707.88 - PBDT64.06109.45 -41 212.45352.38 -40 PBT47.2892.89 -49 147.06284.54 -48 NP35.2173.74 -52 112.82218.24 -48

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