PSP Projects standalone net profit rises 18.73% in the March 2021 quarter

Sales rise 9.71% to Rs 500.73 crore

Net profit of PSP Projects rose 18.73% to Rs 40.69 crore in the quarter ended March 2021 as against Rs 34.27 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 37.50% to Rs 80.79 crore in the year ended March 2021 as against Rs 129.26 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 %12.3911.07 -10.8612.74 - PBDT61.3253.77 14 137.04201.11 -32 PBT54.5646.15 18 111.40174.42 -36 NP40.6934.27 19 80.79129.26 -37

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