Nitin Castings reports standalone net profit of Rs 1.34 crore in the March 2021 quarter

Sales rise 57.71% to Rs 21.48 crore

Jul 01, 2021 04:07 IST capital market

Net profit of Nitin Castings reported to Rs 1.34 crore in the quarter ended March 2021 as against net loss of Rs 0.46 crore during the previous quarter ended March 2020. Sales rose 57.71% to Rs 21.48 crore in the quarter ended March 2021 as against Rs 13.62 crore during the previous quarter ended March 2020.

For the full year,net profit rose 145.11% to Rs 3.26 crore in the year ended March 2021 as against Rs 1.33 crore during the previous year ended March 2020. Sales declined 3.29% to Rs 61.97 crore in the year ended March 2021 as against Rs 64.08 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear Ended
?Mar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.
Sales21.4813.62 58 61.9764.08 -3
OPM %9.822.13 -9.0210.21 -
PBDT2.180.53 311 6.136.17 -1
PBT1.62-0.59 LP 3.921.67 135
NP1.34-0.46 LP 3.261.33 145

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