Morarka Finance standalone net profit declines 93.91% in the March 2021 quarter

Sales decline 89.67% to Rs 0.25 crore

Net profit of Morarka Finance declined 93.91% to Rs 0.14 crore in the quarter ended March 2021 as against Rs 2.30 crore during the previous quarter ended March 2020. Sales declined 89.67% to Rs 0.25 crore in the quarter ended March 2021 as against Rs 2.42 crore during the previous quarter ended March 2020.

For the full year,net profit declined 86.06% to Rs 0.69 crore in the year ended March 2021 as against Rs 4.95 crore during the previous year ended March 2020. Sales declined 76.61% to Rs 1.27 crore in the year ended March 2021 as against Rs 5.43 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.252.42 -90 1.275.43 -77 OPM %64.0094.21 -71.6591.71 - PBDT0.172.28 -93 0.924.98 -82 PBT0.172.28 -93 0.924.98 -82 NP0.142.30 -94 0.694.95 -86

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