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SNL Bearings standalone net profit declines 25.40% in the March 2022 quarter

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Capital Market

Sales decline 14.62% to Rs 10.69 crore

Net profit of SNL Bearings declined 25.40% to Rs 1.88 crore in the quarter ended March 2022 as against Rs 2.52 crore during the previous quarter ended March 2021. Sales declined 14.62% to Rs 10.69 crore in the quarter ended March 2022 as against Rs 12.52 crore during the previous quarter ended March 2021.

For the full year,net profit rose 42.65% to Rs 8.83 crore in the year ended March 2022 as against Rs 6.19 crore during the previous year ended March 2021. Sales rose 19.30% to Rs 43.51 crore in the year ended March 2022 as against Rs 36.47 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales10.6912.52 -15 43.5136.47 19 OPM %24.1329.15 -27.7923.86 - PBDT2.853.73 -24 13.189.36 41 PBT2.473.45 -28 11.768.36 41 NP1.882.52 -25 8.836.19 43

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First Published: May 25 2022 | 8:22 AM IST

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