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Summit Securities consolidated net profit declines 85.02% in the March 2021 quarter

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Capital Market

Sales decline 80.92% to Rs 8.57 crore

Net profit of Summit Securities declined 85.02% to Rs 5.46 crore in the quarter ended March 2021 as against Rs 36.46 crore during the previous quarter ended March 2020. Sales declined 80.92% to Rs 8.57 crore in the quarter ended March 2021 as against Rs 44.91 crore during the previous quarter ended March 2020.

For the full year,net profit declined 74.60% to Rs 18.30 crore in the year ended March 2021 as against Rs 72.05 crore during the previous year ended March 2020. Sales declined 64.62% to Rs 28.97 crore in the year ended March 2021 as against Rs 81.88 crore during the previous year ended March 2020.

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ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales8.5744.91 -81 28.9781.88 -65 OPM %89.6175.82 -89.4085.92 - PBDT7.6734.04 -77 25.9070.37 -63 PBT7.6734.04 -77 25.8870.36 -63 NP5.4636.46 -85 18.3072.05 -75

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First Published: May 25 2021 | 7:51 AM IST

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