Olectra Greentech consolidated net profit declines 44.45% in the March 2021 quarter

Sales rise 109.94% to Rs 147.88 crore

Net profit of Olectra Greentech declined 44.45% to Rs 9.66 crore in the quarter ended March 2021 as against Rs 17.39 crore during the previous quarter ended March 2020. Sales rose 109.94% to Rs 147.88 crore in the quarter ended March 2021 as against Rs 70.44 crore during the previous quarter ended March 2020.

For the full year,net profit declined 40.28% to Rs 8.08 crore in the year ended March 2021 as against Rs 13.53 crore during the previous year ended March 2020. Sales rose 40.33% to Rs 281.38 crore in the year ended March 2021 as against Rs 200.52 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales147.8870.44 110 281.38200.52 40 OPM %11.83-2.36 -7.172.51 - PBDT17.831.14 1464 24.1915.46 56 PBT13.31-2.10 LP 10.87-2.06 LP NP9.6617.39 -44 8.0813.53 -40

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