Algoquant Fintech standalone net profit declines 71.63% in the March 2022 quarter

Sales rise 62.96% to Rs 5.28 crore

Net profit of Algoquant Fintech declined 71.63% to Rs 0.82 crore in the quarter ended March 2022 as against Rs 2.89 crore during the previous quarter ended March 2021. Sales rose 62.96% to Rs 5.28 crore in the quarter ended March 2022 as against Rs 3.24 crore during the previous quarter ended March 2021.

For the full year,net profit declined 8.04% to Rs 3.43 crore in the year ended March 2022 as against Rs 3.73 crore during the previous year ended March 2021. Sales rose 405.86% to Rs 16.39 crore in the year ended March 2022 as against Rs 3.24 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales5.283.24 63 16.393.24 406 OPM %10.0469.75 -19.1023.77 - PBDT0.523.44 -85 3.392.95 15 PBT0.493.44 -86 3.352.95 14 NP0.822.89 -72 3.433.73 -8

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