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Ramchandra Leasing and Finance reports standalone nil net profit/loss in the March 2021 quarter

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Capital Market

Sales rise 131.58% to Rs 0.44 crore

Ramchandra Leasing and Finance reported no net profit/loss in the quarter ended March 2021 as against net loss of Rs 0.01 crore during the previous quarter ended March 2020. Sales rose 131.58% to Rs 0.44 crore in the quarter ended March 2021 as against Rs 0.19 crore during the previous quarter ended March 2020.

For the full year,net profit declined 50.00% to Rs 0.01 crore in the year ended March 2021 as against Rs 0.02 crore during the previous year ended March 2020. Sales declined 6.45% to Rs 0.58 crore in the year ended March 2021 as against Rs 0.62 crore during the previous year ended March 2020.

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ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.440.19 132 0.580.62 -6 OPM %00 -5.176.45 - PBDT00 0 0.030.05 -40 PBT0-0.01 100 0.010.03 -67 NP0-0.01 100 0.010.02 -50

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First Published: Jun 02 2021 | 4:21 PM IST

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