Morarka Finance reports standalone net loss of Rs 0.05 crore in the March 2022 quarter

Sales rise 8.00% to Rs 0.27 crore

Net loss of Morarka Finance reported to Rs 0.05 crore in the quarter ended March 2022 as against net profit of Rs 0.14 crore during the previous quarter ended March 2021. Sales rose 8.00% to Rs 0.27 crore in the quarter ended March 2022 as against Rs 0.25 crore during the previous quarter ended March 2021.

For the full year,net profit rose 434.78% to Rs 3.69 crore in the year ended March 2022 as against Rs 0.69 crore during the previous year ended March 2021. Sales rose 252.76% to Rs 4.48 crore in the year ended March 2022 as against Rs 1.27 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales0.270.25 8 4.481.27 253 OPM %59.2664.00 -90.4071.65 - PBDT0.160.17 -6 4.050.92 340 PBT0.160.17 -6 4.050.92 340 NP-0.050.14 PL 3.690.69 435

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