
Endurance Technologies Q4 PAT up 75.4% at Rs187.47cr on higher sales and efficient inventory churn
The boost to the top line came from strong auto demand since auto component demand is largely derived demand from the auto sector. The auto demand picked up in the last two quarters on the strength of festive demand as well as pent-up demand for autos showing up in the last two quarters.
Net profits were higher by 75.42% at Rs187.4cr in the Mar-21 quarter. Despite the raw material costs going up in tune with global trends, the company managed to tweak inventories to manage costs.
Net profit margins for the Mar-21 quarter stood at 8.79%, comfortably higher than 6.69% in Mar-20 quarter.
Financial highlights for Mar-21 compared yoy and sequentially
Endurance Technologies |
|||||
Rs in Crore |
Mar-21 |
Mar-20 |
YOY |
Dec-20 |
QOQ |
Total Income (Rs cr) |
₹ 2,132.90 |
₹ 1,596.75 |
33.58% |
₹ 2,040.86 |
4.51% |
Net Profit (Rs cr) |
₹ 187.40 |
₹ 106.83 |
75.42% |
₹ 190.05 |
-1.39% |
Diluted EPS (Rs) |
₹ 13.32 |
₹ 7.59 |
₹ 13.51 |
||
Net Margins |
8.79% |
6.69% |
9.31% |
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