Hercules Hoists standalone net profit declines 53.98% in the March 2021 quarter

Sales rise 20.86% to Rs 28.04 crore

Net profit of Hercules Hoists declined 53.98% to Rs 2.60 crore in the quarter ended March 2021 as against Rs 5.65 crore during the previous quarter ended March 2020. Sales rose 20.86% to Rs 28.04 crore in the quarter ended March 2021 as against Rs 23.20 crore during the previous quarter ended March 2020.

For the full year,net profit declined 40.22% to Rs 7.76 crore in the year ended March 2021 as against Rs 12.98 crore during the previous year ended March 2020. Sales declined 5.58% to Rs 78.37 crore in the year ended March 2021 as against Rs 83.00 crore during the previous year ended March 2020.

 

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales28.0423.20 21 78.3783.00 -6 OPM %7.134.57 -5.035.55 - PBDT3.397.14 -53 12.4319.52 -36 PBT2.696.26 -57 9.5415.99 -40 NP2.605.65 -54 7.7612.98 -40

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