Consolidated sales was down by 12% to Rs 1152.94 crore and with OPM expand by 50 bps to 11.1%, the operating profit was down by 8% to Rs 128.31 crore. But the PAT was up by 10% to Rs 79.67 crore. With profit from share of profit was down to nil from RS 0.09 crore in the corresponding previous period. The minority interest was down by 59% to Rs 0.01 crore. Thus the net profit was up by 10% Rs 79.67 crore.
Nine month performance
Sales was down by 19% to Rs 2935.18 crore and the operating profit was down by 15% to Rs 318.87 crore as the OPM expand by 50 bps to 10.9%. After accounting for higher other income, lower interest and marginally higher depreciation, the PBT was up by 1% to RS 248.35 crore. Taxation was up by 27% to Rs 64.30 crore and thus the PAT was down by 5% to Rs 184.05 crore.
Consolidated sales was down by 19% to Rs 2935.23 crore that with 60 bps expansion in OPM to 10.9%, the operating profit was down by 15% to Rs 318.89 crore. Eventually the net profit after MI was down by 5% to Rs 183.97 crore. Order book
Order backlog as end of Dec 2020 was approx. Rs 2611 crore and L1 order of EHV cable at Rs 130 crore.