Magna Eletrocasting standalone net profit declines 39.29% in the March 2021 quarter
Sales rise 41.31% to Rs 28.53 crore
Net profit of Magna Eletrocasting declined 39.29% to Rs 0.17 crore in the quarter ended March 2021 as against Rs 0.28 crore during the previous quarter ended March 2020. Sales rose 41.31% to Rs 28.53 crore in the quarter ended March 2021 as against Rs 20.19 crore during the previous quarter ended March 2020.For the full year,net profit declined 22.57% to Rs 5.18 crore in the year ended March 2021 as against Rs 6.69 crore during the previous year ended March 2020. Sales rose 1.56% to Rs 97.82 crore in the year ended March 2021 as against Rs 96.32 crore during the previous year ended March 2020.
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