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Margo Finance reports standalone net loss of Rs 0.04 crore in the March 2021 quarter

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Capital Market
Last Updated : Jun 14 2021 | 6:05 PM IST

Sales rise 100.00% to Rs 0.10 crore

Net loss of Margo Finance reported to Rs 0.04 crore in the quarter ended March 2021 as against net profit of Rs 0.02 crore during the previous quarter ended March 2020. Sales rose 100.00% to Rs 0.10 crore in the quarter ended March 2021 as against Rs 0.05 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 0.17 crore in the year ended March 2021. There were no net profit/loss reported during the previous year ended March 2020. Sales rose 90.00% to Rs 0.57 crore in the year ended March 2021 as against Rs 0.30 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.100.05 100 0.570.30 90 OPM %10.00-20.00 -45.61-3.33 - PBDT0.01-0.01 LP 0.26-0.01 LP PBT0.01-0.01 LP 0.25-0.02 LP NP-0.040.02 PL 0.170 0

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First Published: Jun 14 2021 | 5:51 PM IST

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