HB Estate Developers reports consolidated net loss of Rs 2.71 crore in the March 2022 quarter

Sales rise 55.72% to Rs 14.70 crore

Net Loss of HB Estate Developers reported to Rs 2.71 crore in the quarter ended March 2022 as against net loss of Rs 6.71 crore during the previous quarter ended March 2021. Sales rose 55.72% to Rs 14.70 crore in the quarter ended March 2022 as against Rs 9.44 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 15.67 crore in the year ended March 2022 as against net loss of Rs 30.37 crore during the previous year ended March 2021. Sales rose 106.68% to Rs 50.43 crore in the year ended March 2022 as against Rs 24.40 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales14.709.44 56 50.4324.40 107 OPM %24.63-1.06 -15.51-23.77 - PBDT-1.89-5.83 68 -14.64-27.45 47 PBT-3.67-8.86 59 -21.99-41.06 46 NP-2.71-6.71 60 -15.67-30.37 48

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