MFL India reports standalone net profit of Rs 3.01 crore in the March 2021 quarter

Sales rise 430.25% to Rs 6.31 crore

Net profit of MFL India reported to Rs 3.01 crore in the quarter ended March 2021 as against net loss of Rs 0.17 crore during the previous quarter ended March 2020. Sales rose 430.25% to Rs 6.31 crore in the quarter ended March 2021 as against Rs 1.19 crore during the previous quarter ended March 2020.

For the full year,net profit declined 90.45% to Rs 3.10 crore in the year ended March 2021 as against Rs 32.46 crore during the previous year ended March 2020. Sales rose 1285.71% to Rs 16.49 crore in the year ended March 2021 as against Rs 1.19 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales6.311.19 430 16.491.19 1286 OPM %1.43-14.29 -18.13-43.70 - PBDT2.95-0.17 LP 3.0432.87 -91 PBT2.95-0.17 LP 3.0432.46 -91 NP3.01-0.17 LP 3.1032.46 -90

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