Mangal Credit & Fincorp standalone net profit rises 15.83% in the March 2022 quarter

Sales rise 12.22% to Rs 4.04 crore

Net profit of Mangal Credit & Fincorp rose 15.83% to Rs 1.61 crore in the quarter ended March 2022 as against Rs 1.39 crore during the previous quarter ended March 2021. Sales rose 12.22% to Rs 4.04 crore in the quarter ended March 2022 as against Rs 3.60 crore during the previous quarter ended March 2021.

For the full year,net profit rose 6.48% to Rs 6.08 crore in the year ended March 2022 as against Rs 5.71 crore during the previous year ended March 2021. Sales rose 20.69% to Rs 13.65 crore in the year ended March 2022 as against Rs 11.31 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales4.043.60 12 13.6511.31 21 OPM %82.6774.72 -78.1078.60 - PBDT2.792.48 13 9.088.43 8 PBT2.682.43 10 8.688.19 6 NP1.611.39 16 6.085.71 6

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