Maharashtra Scooters records a net profit of Rs 1.45 crore for Q1FY21

Maharashtra Scooters records a net profit of Rs 1.45 crore for Q1FY21

Chinmayee D
/ Categories: Trending, Quarterly Results

Maharashtra Scooters Limited, a subsidiary of Bajaj Holdings and Investment Limited announced its quarterly results on July 20, 2020.

The company posted a net profit of Rs 1.45 crore for Q1FY21, which declined by 14.2 per cent, as compared to Q1FY20 when it reported Rs 1.69 crore.

Total income reported in Q1FY21 came in at Rs 5.31 crore, which declined by 2.93 per cent YoY from Rs 5.47 crore in Q1FY20.

At EBITDA level, the company stood at Rs 2.08 crore in Q1FY21 that decreased by 3.26 per cent YoY. For Q1FY20, it posted an EBITDA of Rs 2.15 crore.         

EBITDA margin as of Q1FY21 was at 39.17 per cent that declined by 14 bps YoY. The net profit margin in Q1FY21 came in at 27.31 per cent, which declined by 3.59 per cent YoY. The net profit margin in Q1FY20 was at 30.9 per cent.

At 1:40 pm, the stock of Maharashtra Scooters Limited is trading in green at Rs 3,115 with a gain of 1.97% on BSE.

Particulars

Q1FY21 

(Rs in cr)

Q1FY20

 (Rs in cr)

per cent change

Net Profit

1.45

1.69

-14.20

Total Income

5.31

5.47

-2.93

Operating Profit

2.08

2.15

-3.26

EBITDAM%

39.17

 39.31

-14 bps

PATM%

27.31

30.90

-3.59

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