HOV Services consolidated net profit declines 68.21% in the March 2022 quarter

Image
Capital Market
Last Updated : May 27 2022 | 11:31 AM IST

Sales rise 16.23% to Rs 2.65 crore

Net profit of HOV Services declined 68.21% to Rs 0.62 crore in the quarter ended March 2022 as against Rs 1.95 crore during the previous quarter ended March 2021. Sales rose 16.23% to Rs 2.65 crore in the quarter ended March 2022 as against Rs 2.28 crore during the previous quarter ended March 2021.

For the full year,net profit declined 16.34% to Rs 2.15 crore in the year ended March 2022 as against Rs 2.57 crore during the previous year ended March 2021. Sales rose 4.14% to Rs 10.06 crore in the year ended March 2022 as against Rs 9.66 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2.652.28 16 10.069.66 4 OPM %23.4030.26 -23.6624.22 - PBDT1.042.32 -55 3.643.95 -8 PBT0.892.17 -59 3.023.32 -9 NP0.621.95 -68 2.152.57 -16

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 27 2022 | 11:16 AM IST

Next Story