Magnum Ventures reports standalone net profit of Rs 9.36 crore in the March 2021 quarter

Sales rise 45.18% to Rs 76.77 crore

Net profit of Magnum Ventures reported to Rs 9.36 crore in the quarter ended March 2021 as against net loss of Rs 8.36 crore during the previous quarter ended March 2020. Sales rose 45.18% to Rs 76.77 crore in the quarter ended March 2021 as against Rs 52.88 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 1.34 crore in the year ended March 2021 as against net loss of Rs 27.41 crore during the previous year ended March 2020. Sales declined 26.74% to Rs 176.60 crore in the year ended March 2021 as against Rs 241.06 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales76.7752.88 45 176.60241.06 -27 OPM %17.61-8.38 -7.192.25 - PBDT12.48-3.93 LP 16.895.83 190 PBT8.22-7.82 LP 0.20-9.70 LP NP9.36-8.36 LP 1.34-27.41 LP

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