Times Guaranty standalone net profit declines 88.59% in the March 2022 quarter

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Sales decline 83.44% to Rs 1.00 crore
Net profit of Times Guaranty declined 88.59% to Rs 0.51 crore in the quarter ended March 2022 as against Rs 4.47 crore during the previous quarter ended March 2021. Sales declined 83.44% to Rs 1.00 crore in the quarter ended March 2022 as against Rs 6.04 crore during the previous quarter ended March 2021.For the full year,net profit declined 76.03% to Rs 1.57 crore in the year ended March 2022 as against Rs 6.55 crore during the previous year ended March 2021. Sales declined 68.88% to Rs 2.72 crore in the year ended March 2022 as against Rs 8.74 crore during the previous year ended March 2021.
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First Published: Apr 28 2022 | 2:37 PM IST