Endurance Technologies gained 2.47% to Rs 1390.35 after the auto ancillary company reported a 75.3% jump in consolidated net profit to Rs 187.29 crore on 33.6% rise in net sales to Rs 2132.90 crore in Q4 FY21 over Q4 FY20.Profit before tax (PBT) stood at Rs 225.37 crore in Q4 FY21, rising 73.7% from Rs 129.76 crore in Q4 FY20. The company s EBITDA grew by 32.8% to Rs 339 crore in Q4 FY21 from Rs 255.3 crore in Q4 FY20. EBITDA margin remained unchanged at 15.8% in Q4 FY21 as compared to Q4 FY20.
On a consolidated basis, the auto ancillary company posted an 8.1% decline in net profit to Rs 519.6 crore for the year ended March 2021 (FY21) as compared to Rs 565.5 crore in the year ended March 2020 (FY20). Net sales declined 5.4% to Rs 6,547 crore in FY21 over FY20.
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