Avantel standalone net profit rises 38.11% in the March 2021 quarter

Sales rise 33.98% to Rs 29.06 crore

Net profit of Avantel rose 38.11% to Rs 5.69 crore in the quarter ended March 2021 as against Rs 4.12 crore during the previous quarter ended March 2020. Sales rose 33.98% to Rs 29.06 crore in the quarter ended March 2021 as against Rs 21.69 crore during the previous quarter ended March 2020.

For the full year,net profit rose 42.47% to Rs 15.33 crore in the year ended March 2021 as against Rs 10.76 crore during the previous year ended March 2020. Sales rose 49.65% to Rs 77.70 crore in the year ended March 2021 as against Rs 51.92 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales29.0621.69 34 77.7051.92 50 OPM %25.6027.02 -28.5329.62 - PBDT7.505.76 30 21.5315.73 37 PBT6.704.74 41 18.5013.02 42 NP5.694.12 38 15.3310.76 42

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