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Paragon Finance standalone net profit declines 86.21% in the March 2021 quarter

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Capital Market

Sales decline 38.83% to Rs 0.63 crore

Net profit of Paragon Finance declined 86.21% to Rs 0.04 crore in the quarter ended March 2021 as against Rs 0.29 crore during the previous quarter ended March 2020. Sales declined 38.83% to Rs 0.63 crore in the quarter ended March 2021 as against Rs 1.03 crore during the previous quarter ended March 2020.

For the full year,net profit declined 81.01% to Rs 0.30 crore in the year ended March 2021 as against Rs 1.58 crore during the previous year ended March 2020. Sales declined 29.56% to Rs 3.05 crore in the year ended March 2021 as against Rs 4.33 crore during the previous year ended March 2020.

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ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.631.03 -39 3.054.33 -30 OPM %-82.5412.62 -14.1048.27 - PBDT0.120.15 -20 0.432.06 -79 PBT0.100.13 -23 0.371.99 -81 NP0.040.29 -86 0.301.58 -81

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First Published: Jul 01 2021 | 8:05 AM IST

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