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Munjal Showa standalone net profit declines 43.93% in the March 2021 quarter

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Capital Market

Sales rise 26.58% to Rs 316.47 crore

Net profit of Munjal Showa declined 43.93% to Rs 5.82 crore in the quarter ended March 2021 as against Rs 10.38 crore during the previous quarter ended March 2020. Sales rose 26.58% to Rs 316.47 crore in the quarter ended March 2021 as against Rs 250.02 crore during the previous quarter ended March 2020.

For the full year,net profit declined 38.55% to Rs 26.14 crore in the year ended March 2021 as against Rs 42.54 crore during the previous year ended March 2020. Sales declined 15.75% to Rs 1085.37 crore in the year ended March 2021 as against Rs 1288.20 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales316.47250.02 27 1085.371288.20 -16 OPM %2.284.15 -2.204.25 - PBDT10.8918.78 -42 47.7178.84 -39 PBT7.2014.17 -49 31.4458.46 -46 NP5.8210.38 -44 26.1442.54 -39

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First Published: Jun 23 2021 | 6:16 PM IST

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