Usha Martin consolidated net profit rises 17292.31% in the March 2021 quarter

Sales rise 26.85% to Rs 652.93 crore

Net profit of Usha Martin rose 17292.31% to Rs 67.83 crore in the quarter ended March 2021 as against Rs 0.39 crore during the previous quarter ended March 2020. Sales rose 26.85% to Rs 652.93 crore in the quarter ended March 2021 as against Rs 514.72 crore during the previous quarter ended March 2020.

For the full year,net profit declined 64.28% to Rs 149.59 crore in the year ended March 2021 as against Rs 418.84 crore during the previous year ended March 2020. Sales declined 2.63% to Rs 2097.28 crore in the year ended March 2021 as against Rs 2153.82 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales652.93514.72 27 2097.282153.82 -3 OPM %15.506.03 -13.1010.75 - PBDT95.2130.86 209 251.22694.00 -64 PBT78.4114.41 444 183.35630.38 -71 NP67.830.39 17292 149.59418.84 -64

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