Paragon Finance standalone net profit declines 63.29% in the March 2020 quarter

Image
Capital Market
Last Updated : Jul 01 2020 | 4:52 PM IST

Sales decline 11.90% to Rs 1.11 crore

Net profit of Paragon Finance declined 63.29% to Rs 0.29 crore in the quarter ended March 2020 as against Rs 0.79 crore during the previous quarter ended March 2019. Sales declined 11.90% to Rs 1.11 crore in the quarter ended March 2020 as against Rs 1.26 crore during the previous quarter ended March 2019.

For the full year,net profit rose 42.34% to Rs 1.58 crore in the year ended March 2020 as against Rs 1.11 crore during the previous year ended March 2019. Sales rose 9.80% to Rs 4.37 crore in the year ended March 2020 as against Rs 3.98 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1.111.26 -12 4.373.98 10 OPM %11.7158.73 -47.8347.99 - PBDT0.150.77 -81 2.061.90 8 PBT0.130.75 -83 1.991.80 11 NP0.290.79 -63 1.581.11 42

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 01 2020 | 4:34 PM IST

Next Story