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Gradiente Infotainment standalone net profit declines 22.22% in the March 2021 quarter

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Capital Market

Sales decline 55.15% to Rs 3.70 crore

Net profit of Gradiente Infotainment declined 22.22% to Rs 0.14 crore in the quarter ended March 2021 as against Rs 0.18 crore during the previous quarter ended March 2020. Sales declined 55.15% to Rs 3.70 crore in the quarter ended March 2021 as against Rs 8.25 crore during the previous quarter ended March 2020.

For the full year,net profit declined 71.74% to Rs 0.13 crore in the year ended March 2021 as against Rs 0.46 crore during the previous year ended March 2020. Sales declined 77.21% to Rs 4.65 crore in the year ended March 2021 as against Rs 20.40 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales3.708.25 -55 4.6520.40 -77 OPM %4.863.15 -4.093.14 - PBDT0.180.26 -31 0.190.64 -70 PBT0.180.25 -28 0.170.62 -73 NP0.140.18 -22 0.130.46 -72

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First Published: Jul 01 2021 | 6:26 PM IST

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