Hitech Corporation standalone net profit declines 32.74% in the March 2022 quarter

14 May 2022 , 05:26 PM

Net profit of Hitech Corporation declined 32.74% to Rs 8.34 crore in the quarter ended March 2022 as against Rs 12.40 crore during the previous quarter ended March 2021. Sales rose 8.83% to Rs 150.05 crore in the quarter ended March 2022 as against Rs 137.87 crore during the previous quarter ended March 2021. For the full year,net profit rose 120.52% to Rs 37.40 crore in the year ended March 2022 as against Rs 16.96 crore during the previous year ended March 2021. Sales rose 31.62% to Rs 588.46 crore in the year ended March 2022 as against Rs 447.08 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	150.05	137.87	9	588.46	447.08	32
OPM %	14.83	14.83	–	14.58	14.34	–
PBDT	18.89	16.29	16	70.46	46.21	52
PBT	11.59	8.89	30	40.45	16.70	142
NP	8.34	12.40	-33	37.40	16.96	121

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