Manipal Finance Corporation standalone net profit declines 95.32% in the March 2021 quarter

Image
Capital Market
Last Updated : Jul 02 2021 | 9:10 AM IST

Sales rise 37.50% to Rs 0.11 crore

Net profit of Manipal Finance Corporation declined 95.32% to Rs 0.31 crore in the quarter ended March 2021 as against Rs 6.62 crore during the previous quarter ended March 2020. Sales rose 37.50% to Rs 0.11 crore in the quarter ended March 2021 as against Rs 0.08 crore during the previous quarter ended March 2020.

For the full year,net profit declined 87.57% to Rs 0.83 crore in the year ended March 2021 as against Rs 6.68 crore during the previous year ended March 2020. Sales rose 20.00% to Rs 0.30 crore in the year ended March 2021 as against Rs 0.25 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.110.08 38 0.300.25 20 OPM %18.18-50.00 -13.33-72.00 - PBDT0.02-0.03 LP 0.05-0.28 LP PBT0.01-0.04 LP 0-0.34 100 NP0.316.62 -95 0.836.68 -88

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: Jul 02 2021 | 8:32 AM IST

Next Story