Navneet Education consolidated net profit declines 43.04% in the March 2021 quarter

Sales decline 13.94% to Rs 215.65 crore

Net profit of Navneet Education declined 43.04% to Rs 18.86 crore in the quarter ended March 2021 as against Rs 33.11 crore during the previous quarter ended March 2020. Sales declined 13.94% to Rs 215.65 crore in the quarter ended March 2021 as against Rs 250.58 crore during the previous quarter ended March 2020.

For the full year,net profit declined 71.64% to Rs 55.93 crore in the year ended March 2021 as against Rs 197.24 crore during the previous year ended March 2020. Sales declined 44.81% to Rs 834.57 crore in the year ended March 2021 as against Rs 1512.05 crore during the previous year ended March 2020.

 

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales215.65250.58 -14 834.571512.05 -45 OPM %17.2420.87 -10.4320.73 - PBDT38.5050.07 -23 93.35318.74 -71 PBT26.6136.92 -28 46.23271.86 -83 NP18.8633.11 -43 55.93197.24 -72

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