JTEKT India consolidated net profit rises 179.67% in the March 2021 quarter

Sales rise 28.76% to Rs 470.49 crore

Net profit of JTEKT India rose 179.67% to Rs 25.31 crore in the quarter ended March 2021 as against Rs 9.05 crore during the previous quarter ended March 2020. Sales rose 28.76% to Rs 470.49 crore in the quarter ended March 2021 as against Rs 365.41 crore during the previous quarter ended March 2020.

For the full year,net profit declined 61.24% to Rs 11.73 crore in the year ended March 2021 as against Rs 30.26 crore during the previous year ended March 2020. Sales declined 11.76% to Rs 1332.97 crore in the year ended March 2021 as against Rs 1510.55 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales470.49365.41 29 1332.971510.55 -12 OPM %11.939.18 -7.719.06 - PBDT56.1233.53 67 103.46135.74 -24 PBT36.0911.68 209 20.5142.96 -52 NP25.319.05 180 11.7330.26 -61

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