Orient Electric standalone net profit rises 75.15% in the March 2021 quarter

Sales rise 42.36% to Rs 801.71 crore

Net profit of Orient Electric rose 75.15% to Rs 62.67 crore in the quarter ended March 2021 as against Rs 35.78 crore during the previous quarter ended March 2020. Sales rose 42.36% to Rs 801.71 crore in the quarter ended March 2021 as against Rs 563.14 crore during the previous quarter ended March 2020.

For the full year,net profit rose 52.30% to Rs 119.74 crore in the year ended March 2021 as against Rs 78.62 crore during the previous year ended March 2020. Sales declined 1.42% to Rs 2032.60 crore in the year ended March 2021 as against Rs 2061.82 crore during the previous year ended March 2020.

 

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales801.71563.14 42 2032.602061.82 -1 OPM %12.0811.58 -10.808.56 - PBDT95.4158.98 62 205.05154.39 33 PBT84.4848.42 74 161.90114.27 42 NP62.6735.78 75 119.7478.62 52

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