Baid Leasing & Finance Co standalone net profit rises 33.33% in the March 2021 quarter

Sales decline 7.63% to Rs 12.47 crore

Net profit of Baid Leasing & Finance Co rose 33.33% to Rs 1.72 crore in the quarter ended March 2021 as against Rs 1.29 crore during the previous quarter ended March 2020. Sales declined 7.63% to Rs 12.47 crore in the quarter ended March 2021 as against Rs 13.50 crore during the previous quarter ended March 2020.

For the full year,net profit declined 1.71% to Rs 7.48 crore in the year ended March 2021 as against Rs 7.61 crore during the previous year ended March 2020. Sales declined 14.53% to Rs 53.46 crore in the year ended March 2021 as against Rs 62.55 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales12.4713.50 -8 53.4662.55 -15 OPM %64.4762.30 -63.5866.46 - PBDT2.601.99 31 10.5810.72 -1 PBT2.591.92 35 10.2910.36 -1 NP1.721.29 33 7.487.61 -2

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