CreditAccess Grameen consolidated net profit rises 166.54% in the March 2021 quarter

Sales rise 46.93% to Rs 699.35 crore

Net profit of CreditAccess Grameen rose 166.54% to Rs 76.87 crore in the quarter ended March 2021 as against Rs 28.84 crore during the previous quarter ended March 2020. Sales rose 46.93% to Rs 699.35 crore in the quarter ended March 2021 as against Rs 475.97 crore during the previous quarter ended March 2020.

For the full year,net profit declined 59.82% to Rs 134.02 crore in the year ended March 2021 as against Rs 333.55 crore during the previous year ended March 2020. Sales rose 43.47% to Rs 2431.43 crore in the year ended March 2021 as against Rs 1694.74 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales699.35475.97 47 2431.431694.74 43 OPM %46.5046.27 -47.2162.50 - PBDT90.2446.32 95 224.47481.97 -53 PBT78.5940.52 94 180.40461.60 -61 NP76.8728.84 167 134.02333.55 -60

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