Kirloskar Ferrous Industries standalone net profit rises 135.40% in the March 2021 quarter

Sales rise 67.05% to Rs 748.70 crore

Net profit of Kirloskar Ferrous Industries rose 135.40% to Rs 135.33 crore in the quarter ended March 2021 as against Rs 57.49 crore during the previous quarter ended March 2020. Sales rose 67.05% to Rs 748.70 crore in the quarter ended March 2021 as against Rs 448.18 crore during the previous quarter ended March 2020.

For the full year,net profit rose 168.85% to Rs 302.11 crore in the year ended March 2021 as against Rs 112.37 crore during the previous year ended March 2020. Sales rose 10.19% to Rs 2038.08 crore in the year ended March 2021 as against Rs 1849.66 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales748.70448.18 67 2038.081849.66 10 OPM %26.1416.72 -22.6411.64 - PBDT191.0685.97 122 439.17213.69 106 PBT170.9771.29 140 363.19156.18 133 NP135.3357.49 135 302.11112.37 169

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