Mohindra Fasteners Limited Financial Year 2021 Results
MOHINDRA FASTENERS LIMITED (MFL) was incorporated in 1956. MFL offers a wide range of cold and hot forged fasteners and precision machined components for automotive and industrial applications. The company’s infrastructure is spread across three state-of-the-art plants located at Haryana. The company has initiated activities for a greenfield expansion at a new location at IMT Rohtak, approximately 5 km away from the existing facilities which will be operational soon.
Mohindra Fasteners Limited Financial Year 2021 Results:
The total income of the company has increased from INR104.17 Cr in 2020 to INR108.39 in 2021 showing a growth of 4.04%. PBT increased from INR12.09Cr in 2020 to INR13.81 Cr in 2021 witnessing a growth of 14.17%. PAT showed a growth of 10.81% moving from INr9.37Cr in 2020 to INR10.38 Cr. in 2021. EPS also increased from INR17.49 in 2020 to INR19.38 in 2021 showing a growth of 10.81%.