Magnum Ventures standalone net profit declines 58.44% in the March 2022 quarter

Sales rise 47.43% to Rs 113.18 crore

Net profit of Magnum Ventures declined 58.44% to Rs 3.89 crore in the quarter ended March 2022 as against Rs 9.36 crore during the previous quarter ended March 2021. Sales rose 47.43% to Rs 113.18 crore in the quarter ended March 2022 as against Rs 76.77 crore during the previous quarter ended March 2021.

For the full year,net profit rose 284.33% to Rs 5.15 crore in the year ended March 2022 as against Rs 1.34 crore during the previous year ended March 2021. Sales rose 85.90% to Rs 328.30 crore in the year ended March 2022 as against Rs 176.60 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales113.1876.77 47 328.30176.60 86 OPM %5.5717.61 -6.727.19 - PBDT6.4312.48 -48 22.9616.89 36 PBT3.428.22 -58 7.880.20 3840 NP3.899.36 -58 5.151.34 284

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