HOV Services consolidated net profit rises 490.91% in the March 2021 quarter

Sales decline 16.48% to Rs 2.28 crore

Net profit of HOV Services rose 490.91% to Rs 1.95 crore in the quarter ended March 2021 as against Rs 0.33 crore during the previous quarter ended March 2020. Sales declined 16.48% to Rs 2.28 crore in the quarter ended March 2021 as against Rs 2.73 crore during the previous quarter ended March 2020.

For the full year,net profit rose 283.58% to Rs 2.57 crore in the year ended March 2021 as against Rs 0.67 crore during the previous year ended March 2020. Sales declined 11.94% to Rs 9.66 crore in the year ended March 2021 as against Rs 10.97 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2.282.73 -16 9.6610.97 -12 OPM %30.2620.51 -24.2213.86 - PBDT2.320.77 201 3.952.04 94 PBT2.170.63 244 3.321.48 124 NP1.950.33 491 2.570.67 284

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