Precision Wires India standalone net profit rises 128.63% in the March 2021 quarter

Sales rise 73.46% to Rs 652.69 crore

Net profit of Precision Wires India rose 128.63% to Rs 16.69 crore in the quarter ended March 2021 as against Rs 7.30 crore during the previous quarter ended March 2020. Sales rose 73.46% to Rs 652.69 crore in the quarter ended March 2021 as against Rs 376.27 crore during the previous quarter ended March 2020.

For the full year,net profit rose 23.54% to Rs 39.31 crore in the year ended March 2021 as against Rs 31.82 crore during the previous year ended March 2020. Sales rose 12.64% to Rs 1718.60 crore in the year ended March 2021 as against Rs 1525.81 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales652.69376.27 73 1718.601525.81 13 OPM %4.884.84 -4.825.03 - PBDT26.1713.10 100 67.6857.78 17 PBT21.618.84 144 51.5541.68 24 NP16.697.30 129 39.3131.82 24

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