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Ravindra Energy consolidated net profit declines 32.46% in the March 2021 quarter

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Capital Market

Sales decline 80.28% to Rs 88.85 crore

Net profit of Ravindra Energy declined 32.46% to Rs 14.94 crore in the quarter ended March 2021 as against Rs 22.12 crore during the previous quarter ended March 2020. Sales declined 80.28% to Rs 88.85 crore in the quarter ended March 2021 as against Rs 450.50 crore during the previous quarter ended March 2020.

For the full year,net profit rose 19.93% to Rs 6.98 crore in the year ended March 2021 as against Rs 5.82 crore during the previous year ended March 2020. Sales declined 57.74% to Rs 304.03 crore in the year ended March 2021 as against Rs 719.38 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales88.85450.50 -80 304.03719.38 -58 OPM %5.242.34 -4.913.38 - PBDT2.1249.84 -96 2.8944.56 -94 PBT-0.9748.10 PL -5.8337.38 PL NP14.9422.12 -32 6.985.82 20

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First Published: Jun 09 2021 | 5:20 PM IST

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