Provestment Services reports standalone net loss of Rs 0.22 crore in the March 2021 quarter

Sales decline 99.21% to Rs 0.11 crore

Net loss of Provestment Services reported to Rs 0.22 crore in the quarter ended March 2021. There were no net profit/loss reported during the previous quarter ended March 2020. Sales declined 99.21% to Rs 0.11 crore in the quarter ended March 2021 as against Rs 13.87 crore during the previous quarter ended March 2020.

For the full year,net profit rose 95.45% to Rs 0.43 crore in the year ended March 2021 as against Rs 0.22 crore during the previous year ended March 2020. Sales declined 99.35% to Rs 0.67 crore in the year ended March 2021 as against Rs 103.45 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.1113.87 -99 0.67103.45 -99 OPM %72.732.09 -216.421.31 - PBDT-0.220.08 PL 0.660.52 27 PBT-0.280.01 PL 0.420.32 31 NP-0.220 0 0.430.22 95

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