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Orient Abrasives standalone net profit declines 76.57% in the December 2021 quarter

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Capital Market

Sales decline 51.16% to Rs 43.33 crore

Net profit of Orient Abrasives declined 76.57% to Rs 1.01 crore in the quarter ended December 2021 as against Rs 4.31 crore during the previous quarter ended December 2020. Sales declined 51.16% to Rs 43.33 crore in the quarter ended December 2021 as against Rs 88.71 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales43.3388.71 -51 OPM %7.579.81 -PBDT4.367.79 -44 PBT1.764.97 -65 NP1.014.31 -77

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First Published: Feb 08 2022 | 8:02 AM IST

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