Pioneer Investcorp consolidated net profit declines 86.22% in the March 2021 quarter

Sales decline 47.95% to Rs 11.69 crore

Net profit of Pioneer Investcorp declined 86.22% to Rs 0.27 crore in the quarter ended March 2021 as against Rs 1.96 crore during the previous quarter ended March 2020. Sales declined 47.95% to Rs 11.69 crore in the quarter ended March 2021 as against Rs 22.46 crore during the previous quarter ended March 2020.

For the full year,net profit declined 71.70% to Rs 0.88 crore in the year ended March 2021 as against Rs 3.11 crore during the previous year ended March 2020. Sales declined 28.14% to Rs 30.42 crore in the year ended March 2021 as against Rs 42.33 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales11.6922.46 -48 30.4242.33 -28 OPM %44.2338.02 -38.5938.48 - PBDT2.113.99 -47 3.976.23 -36 PBT1.883.32 -43 2.804.99 -44 NP0.271.96 -86 0.883.11 -72

Powered by Capital Market - Live News