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Escorts consolidated net profit declines 28.07% in the March 2022 quarter

13 May 2022 , 02:49 PM

Net profit of Escorts declined 28.07% to Rs 190.92 crore in the quarter ended March 2022 as against Rs 265.42 crore during the previous quarter ended March 2021. Sales declined 15.71% to Rs 1878.51 crore in the quarter ended March 2022 as against Rs 2228.75 crore during the previous quarter ended March 2021. For the full year,net profit declined 15.49% to Rs 736.47 crore in the year ended March 2022 as against Rs 871.46 crore during the previous year ended March 2021. Sales rose 3.19% to Rs 7238.43 crore in the year ended March 2022 as against Rs 7014.42 crore during the previous year ended March 2021.

Particulars Quarter Ended Year Ended
? Mar. 2022 Mar. 2021 % Var. Mar. 2022 Mar. 2021 % Var.
Sales 1878.51 2228.75 -16 7238.43 7014.42 3
OPM % 12.33 15.19 12.74 16.05
PBDT 290.98 377.27 -23 1124.89 1273.06 -12
PBT 257.46 346.19 -26 992.83 1154.78 -14
NP 190.92 265.42 -28 736.47 871.46 -15

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