Majestic Auto consolidated net profit declines 99.53% in the March 2022 quarter

Sales decline 13.05% to Rs 11.59 crore

Net profit of Majestic Auto declined 99.53% to Rs 0.04 crore in the quarter ended March 2022 as against Rs 8.51 crore during the previous quarter ended March 2021. Sales declined 13.05% to Rs 11.59 crore in the quarter ended March 2022 as against Rs 13.33 crore during the previous quarter ended March 2021.

For the full year,net profit declined 54.59% to Rs 9.05 crore in the year ended March 2022 as against Rs 19.93 crore during the previous year ended March 2021. Sales declined 13.92% to Rs 48.93 crore in the year ended March 2022 as against Rs 56.84 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales11.5913.33 -13 48.9356.84 -14 OPM %55.1371.34 -60.9070.36 - PBDT8.3912.85 -35 28.5036.20 -21 PBT6.1010.61 -43 19.9027.25 -27 NP0.048.51 -100 9.0519.93 -55

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