Minda Corporation reports standalone net profit of Rs 45.91 crore in the March 2021 quarter

Sales rise 49.81% to Rs 767.55 crore

Net profit of Minda Corporation reported to Rs 45.91 crore in the quarter ended March 2021 as against net loss of Rs 351.01 crore during the previous quarter ended March 2020. Sales rose 49.81% to Rs 767.55 crore in the quarter ended March 2021 as against Rs 512.35 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 83.67 crore in the year ended March 2021 as against net loss of Rs 241.02 crore during the previous year ended March 2020. Sales rose 7.43% to Rs 2288.75 crore in the year ended March 2021 as against Rs 2130.51 crore during the previous year ended March 2020.

 

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales767.55512.35 50 2288.752130.51 7 OPM %11.268.37 -9.1211.22 - PBDT84.6946.09 84 203.21248.10 -18 PBT61.3824.93 146 113.50165.80 -32 NP45.91-351.01 LP 83.67-241.02 LP

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