Orbit Exports consolidated net profit declines 46.48% in the March 2021 quarter

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Sales decline 32.00% to Rs 20.34 crore
Net profit of Orbit Exports declined 46.48% to Rs 1.75 crore in the quarter ended March 2021 as against Rs 3.27 crore during the previous quarter ended March 2020. Sales declined 32.00% to Rs 20.34 crore in the quarter ended March 2021 as against Rs 29.91 crore during the previous quarter ended March 2020.For the full year,net profit declined 90.94% to Rs 2.38 crore in the year ended March 2021 as against Rs 26.26 crore during the previous year ended March 2020. Sales declined 52.94% to Rs 66.83 crore in the year ended March 2021 as against Rs 142.02 crore during the previous year ended March 2020.
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First Published: Jun 29 2021 | 8:35 AM IST