Edelweiss Asset Reconstruction Company standalone net profit rises 42.61% in the March 2022 quarter

Sales rise 5.85% to Rs 223.47 crore

Net profit of Edelweiss Asset Reconstruction Company rose 42.61% to Rs 64.26 crore in the quarter ended March 2022 as against Rs 45.06 crore during the previous quarter ended March 2021. Sales rose 5.85% to Rs 223.47 crore in the quarter ended March 2022 as against Rs 211.11 crore during the previous quarter ended March 2021.

For the full year,net profit rose 36.11% to Rs 252.67 crore in the year ended March 2022 as against Rs 185.63 crore during the previous year ended March 2021. Sales rose 3.68% to Rs 899.27 crore in the year ended March 2022 as against Rs 867.36 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales223.47211.11 6 899.27867.36 4 OPM %91.4488.02 -88.8589.15 - PBDT89.6053.69 67 344.02246.04 40 PBT89.3353.47 67 342.96245.22 40 NP64.2645.06 43 252.67185.63 36

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