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Bharat Wire Ropes standalone net profit declines 72.74% in the March 2022 quarter

Sales rise 94.91% to Rs 134.45 crore

May 19, 2022 4:43 IST | capital market
Net profit of Bharat Wire Ropes declined 72.74% to Rs 7.74 crore in the quarter ended March 2022 as against Rs 28.39 crore during the previous quarter ended March 2021. Sales rose 94.91% to Rs 134.45 crore in the quarter ended March 2022 as against Rs 68.98 crore during the previous quarter ended March 2021. For the full year,net profit reported to Rs 13.66 crore in the year ended March 2022 as against net loss of Rs 16.79 crore during the previous year ended March 2021. Sales rose 64.16% to Rs 410.68 crore in the year ended March 2022 as against Rs 250.17 crore during the previous year ended March 2021.
ParticularsQuarter EndedYear Ended
?Mar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.
Sales134.4568.98 95 410.68250.17 64
OPM %15.7210.64 -15.1412.97 -
PBDT15.2443.79 -65 39.36-1.12 LP
PBT9.9738.44 -74 17.92-22.81 LP
NP7.7428.39 -73 13.66-16.79 LP
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