Navneet Education consolidated net profit rises 120.41% in the March 2022 quarter

Sales rise 49.36% to Rs 322.10 crore

Net profit of Navneet Education rose 120.41% to Rs 41.57 crore in the quarter ended March 2022 as against Rs 18.86 crore during the previous quarter ended March 2021. Sales rose 49.36% to Rs 322.10 crore in the quarter ended March 2022 as against Rs 215.65 crore during the previous quarter ended March 2021.

For the full year,net profit rose 132.42% to Rs 129.99 crore in the year ended March 2022 as against Rs 55.93 crore during the previous year ended March 2021. Sales rose 33.52% to Rs 1114.30 crore in the year ended March 2022 as against Rs 834.57 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales322.10215.65 49 1114.30834.57 34 OPM %19.5117.24 -13.6110.43 - PBDT66.7238.50 73 164.2993.35 76 PBT50.7026.61 91 114.6246.23 148 NP41.5718.86 120 129.9955.93 132

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