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SMC Credits standalone net profit rises 542.86% in the March 2020 quarter

Capital Market 

Sales rise 248.84% to Rs 1.50 crore

Net profit of SMC Credits rose 542.86% to Rs 1.35 crore in the quarter ended March 2020 as against Rs 0.21 crore during the previous quarter ended March 2019. Sales rose 248.84% to Rs 1.50 crore in the quarter ended March 2020 as against Rs 0.43 crore during the previous quarter ended March 2019.

For the full year,net profit rose 35.74% to Rs 3.19 crore in the year ended March 2020 as against Rs 2.35 crore during the previous year ended March 2019. Sales rose 74.05% to Rs 5.50 crore in the year ended March 2020 as against Rs 3.16 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1.500.43 249 5.503.16 74 OPM %96.67-51.16 -85.4580.06 - PBDT1.170.09 1200 3.422.48 38 PBT1.160.08 1350 3.382.44 39 NP1.350.21 543 3.192.35 36

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, August 01 2020. 07:48 IST
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