HOV Services consolidated net profit declines 68.21% in the March 2022 quarter

Sales rise 16.23% to Rs 2.65 crore

Net profit of HOV Services declined 68.21% to Rs 0.62 crore in the quarter ended March 2022 as against Rs 1.95 crore during the previous quarter ended March 2021. Sales rose 16.23% to Rs 2.65 crore in the quarter ended March 2022 as against Rs 2.28 crore during the previous quarter ended March 2021.

For the full year,net profit declined 16.34% to Rs 2.15 crore in the year ended March 2022 as against Rs 2.57 crore during the previous year ended March 2021. Sales rose 4.14% to Rs 10.06 crore in the year ended March 2022 as against Rs 9.66 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2.652.28 16 10.069.66 4 OPM %23.4030.26 -23.6624.22 - PBDT1.042.32 -55 3.643.95 -8 PBT0.892.17 -59 3.023.32 -9 NP0.621.95 -68 2.152.57 -16

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