Somi Conveyor Beltings standalone net profit declines 76.54% in the March 2021 quarter

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Sales rise 170.67% to Rs 20.49 crore
Net profit of Somi Conveyor Beltings declined 76.54% to Rs 0.38 crore in the quarter ended March 2021 as against Rs 1.62 crore during the previous quarter ended March 2020. Sales rose 170.67% to Rs 20.49 crore in the quarter ended March 2021 as against Rs 7.57 crore during the previous quarter ended March 2020.For the full year,net profit declined 27.57% to Rs 1.76 crore in the year ended March 2021 as against Rs 2.43 crore during the previous year ended March 2020. Sales rose 1.30% to Rs 46.88 crore in the year ended March 2021 as against Rs 46.28 crore during the previous year ended March 2020.
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First Published: Jun 30 2021 | 8:13 AM IST