Orient Electric standalone net profit rises 75.15% in the March 2021 quarter
Sales rise 42.36% to Rs 801.71 crore
Net profit of Orient Electric rose 75.15% to Rs 62.67 crore in the quarter ended March 2021 as against Rs 35.78 crore during the previous quarter ended March 2020. Sales rose 42.36% to Rs 801.71 crore in the quarter ended March 2021 as against Rs 563.14 crore during the previous quarter ended March 2020.For the full year,net profit rose 52.30% to Rs 119.74 crore in the year ended March 2021 as against Rs 78.62 crore during the previous year ended March 2020. Sales declined 1.42% to Rs 2032.60 crore in the year ended March 2021 as against Rs 2061.82 crore during the previous year ended March 2020.
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