L&T Infra Credit reports standalone net loss of Rs 17.48 crore in the March 2022 quarter

Sales decline 25.31% to Rs 160.84 crore

Net Loss of L&T Infra Credit reported to Rs 17.48 crore in the quarter ended March 2022 as against net loss of Rs 31.89 crore during the previous quarter ended March 2021. Sales declined 25.31% to Rs 160.84 crore in the quarter ended March 2022 as against Rs 215.35 crore during the previous quarter ended March 2021.

For the full year,net profit declined 93.50% to Rs 4.11 crore in the year ended March 2022 as against Rs 63.23 crore during the previous year ended March 2021. Sales declined 18.26% to Rs 728.93 crore in the year ended March 2022 as against Rs 891.77 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales160.84215.35 -25 728.93891.77 -18 OPM %86.5599.30 -92.1296.76 - PBDT-17.8240.72 PL 11.08159.19 -93 PBT-17.8540.72 PL 11.00159.16 -93 NP-17.48-31.89 45 4.1163.23 -93

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