IIFL Samasta Finance standalone net profit declines 78.60% in the March 2022 quarter

Sales rise 34.78% to Rs 297.53 crore

Net profit of IIFL Samasta Finance declined 78.60% to Rs 4.62 crore in the quarter ended March 2022 as against Rs 21.59 crore during the previous quarter ended March 2021. Sales rose 34.78% to Rs 297.53 crore in the quarter ended March 2022 as against Rs 220.75 crore during the previous quarter ended March 2021.

For the full year,net profit declined 24.05% to Rs 50.60 crore in the year ended March 2022 as against Rs 66.62 crore during the previous year ended March 2021. Sales rose 44.90% to Rs 1012.79 crore in the year ended March 2022 as against Rs 698.95 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales297.53220.75 35 1012.79698.95 45 OPM %39.4246.54 -44.9048.61 - PBDT3.8627.74 -86 66.8088.47 -24 PBT1.8125.75 -93 58.9482.15 -28 NP4.6221.59 -79 50.6066.62 -24

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