Nalin Lease Finance standalone net profit declines 18.31% in the March 2021 quarter

Sales decline 13.82% to Rs 1.31 crore

Net profit of Nalin Lease Finance declined 18.31% to Rs 0.58 crore in the quarter ended March 2021 as against Rs 0.71 crore during the previous quarter ended March 2020. Sales declined 13.82% to Rs 1.31 crore in the quarter ended March 2021 as against Rs 1.52 crore during the previous quarter ended March 2020.

For the full year,net profit rose 26.63% to Rs 2.52 crore in the year ended March 2021 as against Rs 1.99 crore during the previous year ended March 2020. Sales declined 1.29% to Rs 4.58 crore in the year ended March 2021 as against Rs 4.64 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1.311.52 -14 4.584.64 -1 OPM %61.0774.34 -77.0771.77 - PBDT0.801.08 -26 3.442.88 19 PBT0.771.05 -27 3.312.77 19 NP0.580.71 -18 2.521.99 27

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