Morgan Ventures reports standalone net profit of Rs 1.10 crore in the March 2022 quarter

Sales rise 484.11% to Rs 6.25 crore

Net profit of Morgan Ventures reported to Rs 1.10 crore in the quarter ended March 2022 as against net loss of Rs 0.94 crore during the previous quarter ended March 2021. Sales rose 484.11% to Rs 6.25 crore in the quarter ended March 2022 as against Rs 1.07 crore during the previous quarter ended March 2021.

For the full year,net profit rose 471.92% to Rs 8.35 crore in the year ended March 2022 as against Rs 1.46 crore during the previous year ended March 2021. Sales rose 187.26% to Rs 16.69 crore in the year ended March 2022 as against Rs 5.81 crore during the previous year ended March 2021.

 

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales6.251.07 484 16.695.81 187 OPM %78.5687.85 -90.9595.01 - PBDT3.850.49 686 11.102.90 283 PBT3.830.49 682 11.082.89 283 NP1.10-0.94 LP 8.351.46 472

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