PSP Projects consolidated net profit rises 22.40% in the March 2021 quarter

Sales rise 9.71% to Rs 500.73 crore

Net profit of PSP Projects rose 22.40% to Rs 41.74 crore in the quarter ended March 2021 as against Rs 34.10 crore during the previous quarter ended March 2020. Sales rose 9.71% to Rs 500.73 crore in the quarter ended March 2021 as against Rs 456.40 crore during the previous quarter ended March 2020.

For the full year,net profit declined 36.54% to Rs 81.53 crore in the year ended March 2021 as against Rs 128.48 crore during the previous year ended March 2020. Sales declined 17.24% to Rs 1240.86 crore in the year ended March 2021 as against Rs 1499.26 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales500.73456.40 10 1240.861499.26 -17 OPM %12.5911.16 -10.8712.73 - PBDT62.0654.15 15 136.59199.94 -32 PBT55.3046.54 19 110.95173.25 -36 NP41.7434.10 22 81.53128.48 -37

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