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Nava Bharat Ventures consolidated net profit rises 102.80% in the March 2022 quarter

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Capital Market
Last Updated : May 16 2022 | 3:16 PM IST

Sales rise 47.60% to Rs 1016.47 crore

Net profit of Nava Bharat Ventures rose 102.80% to Rs 272.61 crore in the quarter ended March 2022 as against Rs 134.42 crore during the previous quarter ended March 2021. Sales rose 47.60% to Rs 1016.47 crore in the quarter ended March 2022 as against Rs 688.67 crore during the previous quarter ended March 2021.

For the full year,net profit rose 22.32% to Rs 517.70 crore in the year ended March 2022 as against Rs 423.24 crore during the previous year ended March 2021. Sales rose 31.36% to Rs 3347.66 crore in the year ended March 2022 as against Rs 2548.50 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1016.47688.67 48 3347.662548.50 31 OPM %39.6237.14 -39.4041.81 - PBDT447.72284.99 57 1285.98966.39 33 PBT371.43211.94 75 990.67666.61 49 NP272.61134.42 103 517.70423.24 22

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First Published: May 16 2022 | 3:03 PM IST

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