Galaxy Bearings standalone net profit rises 127.23% in the March 2022 quarter

23 May 2022 , 08:10 AM

Net profit of Galaxy Bearings rose 127.23% to Rs 4.59 crore in the quarter ended March 2022 as against Rs 2.02 crore during the previous quarter ended March 2021. Sales rose 116.36% to Rs 34.38 crore in the quarter ended March 2022 as against Rs 15.89 crore during the previous quarter ended March 2021. For the full year,net profit rose 69.08% to Rs 13.29 crore in the year ended March 2022 as against Rs 7.86 crore during the previous year ended March 2021. Sales rose 66.09% to Rs 104.09 crore in the year ended March 2022 as against Rs 62.67 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	34.38	15.89	116	104.09	62.67	66
OPM %	17.42	21.40	–	17.64	18.38	–
PBDT	6.73	3.32	103	19.63	11.97	64
PBT	6.26	2.76	127	17.83	10.54	69
NP	4.59	2.02	127	13.29	7.86	69

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