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Maithan Alloys consolidated net profit rises 33.20% in the March 2021 quarter

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Capital Market

Sales rise 22.87% to Rs 499.18 crore

Net profit of Maithan Alloys rose 33.20% to Rs 85.29 crore in the quarter ended March 2021 as against Rs 64.03 crore during the previous quarter ended March 2020. Sales rose 22.87% to Rs 499.18 crore in the quarter ended March 2021 as against Rs 406.26 crore during the previous quarter ended March 2020.

For the full year,net profit rose 3.97% to Rs 230.84 crore in the year ended March 2021 as against Rs 222.03 crore during the previous year ended March 2020. Sales declined 11.53% to Rs 1619.78 crore in the year ended March 2021 as against Rs 1830.88 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales499.18406.26 23 1619.781830.88 -12 OPM %22.1513.23 -18.0512.71 - PBDT116.2583.17 40 315.08295.07 7 PBT112.3579.26 42 299.46279.26 7 NP85.2964.03 33 230.84222.03 4

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First Published: May 05 2021 | 5:47 PM IST

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