NRB Bearings consolidated net profit rises 728.23% in the March 2021 quarter

Sales rise 37.18% to Rs 257.24 crore

Net profit of NRB Bearings rose 728.23% to Rs 34.62 crore in the quarter ended March 2021 as against Rs 4.18 crore during the previous quarter ended March 2020. Sales rose 37.18% to Rs 257.24 crore in the quarter ended March 2021 as against Rs 187.52 crore during the previous quarter ended March 2020.

For the full year,net profit rose 68.52% to Rs 54.06 crore in the year ended March 2021 as against Rs 32.08 crore during the previous year ended March 2020. Sales declined 1.75% to Rs 762.40 crore in the year ended March 2021 as against Rs 775.95 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales257.24187.52 37 762.40775.95 -2 OPM %18.188.23 -13.6311.06 - PBDT49.1714.03 250 97.1280.12 21 PBT40.076.88 482 66.4346.83 42 NP34.624.18 728 54.0632.08 69

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