Minda Industries has reported results for fourth quarter and year ended March 31, 2021.
The company has reported many fold jumps in its net profit at Rs 56.29 crore for the quarter under review as compared to Rs 2.93 crore for the same quarter in the previous year. Total income of the company increased by 55.27% at Rs 1,310.27 crore for Q4FY21 as compared Rs 843.84 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported above 10- fold jump in its net profit attributable to owners at Rs 140.32 crore for the quarter under review as compared to Rs 13.10 crore for the same quarter in the previous year. Total income of the company increased by 48.65% at Rs 2247.17 crore for Q4FY21 as compared Rs 1511.76 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported rise of 33.43% in its net profit at Rs 118.98 crore as compared to Rs 89.17 crore for the previous year. Total income of the company increased by 4.62% at Rs 3755.26 crore for year under review as compared to Rs 3589.57 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported rise of 33.16% in its net profit attributable to owners at Rs 206.63 crore as compared to Rs 155.18 crore for the previous year. However, total income of the company increased by 2.37% at Rs 6410.77 crore for year under review as compared to Rs 6262.52 crore for year ended March 31, 2020.
