The Hi-Tech Gears standalone net profit declines 62.75% in the December 2021 quarter

Net profit of The Hi-Tech Gears declined 62.75% to Rs 5.67 crore in the quarter ended December 2021 as against Rs 15.22 crore during the previous quarter ended December 2020. Sales declined 4.68% to Rs 143.51 crore in the quarter ended December 2021 as against Rs 150.55 crore during the previous quarter ended December 2020.

Particulars	Quarter Ended
?	Dec. 2021	Dec. 2020	% Var.
Sales	143.51	150.55	-5
OPM %	13.25	18.91	-
PBDT	15.98	26.63	-40
PBT	7.92	19.79	-60
NP	5.67	15.22	-63

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