Magadh Sugar & Energy standalone net profit declines 59.87% in the March 2021 quarter

Sales rise 11.87% to Rs 325.79 crore

Net profit of Magadh Sugar & Energy declined 59.87% to Rs 21.81 crore in the quarter ended March 2021 as against Rs 54.35 crore during the previous quarter ended March 2020. Sales rose 11.87% to Rs 325.79 crore in the quarter ended March 2021 as against Rs 291.21 crore during the previous quarter ended March 2020.

For the full year,net profit declined 67.39% to Rs 27.08 crore in the year ended March 2021 as against Rs 83.04 crore during the previous year ended March 2020. Sales rose 3.91% to Rs 951.94 crore in the year ended March 2021 as against Rs 916.16 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales325.79291.21 12 951.94916.16 4 OPM %16.0421.68 -12.0316.90 - PBDT38.8751.82 -25 61.50109.72 -44 PBT34.1347.19 -28 42.3191.70 -54 NP21.8154.35 -60 27.0883.04 -67

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