CG Power & Industrial Solutions consolidated net profit declines 62.00% in the March 2022 quarter

2 May 2022 , 02:24 PM

Net profit of CG Power & Industrial Solutions declined 62.00% to Rs 111.86 crore in the quarter ended March 2022 as against Rs 294.38 crore during the previous quarter ended March 2021. Sales rose 34.78% to Rs 1506.56 crore in the quarter ended March 2022 as against Rs 1117.81 crore during the previous quarter ended March 2021.

For the full year,net profit declined 29.46% to Rs 913.60 crore in the year ended March 2022 as against Rs 1295.20 crore during the previous year ended March 2021. Sales rose 87.63% to Rs 5561.40 crore in the year ended March 2022 as against Rs 2963.95 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	1506.56	1117.81	35	5561.40	2963.95	88
OPM %	11.35	5.48	–	11.78	3.63	–
PBDT	162.42	51.88	213	628.68	21.86	2776
PBT	139.19	19.32	620	527.47	-116.45	LP
NP	111.86	294.38	-62	913.60	1295.20	-29

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