Poonawalla Fincorp reports consolidated net profit of Rs 118.89 crore in the March 2022 quarter

Sales decline 10.58% to Rs 512.25 crore

Net profit of Poonawalla Fincorp reported to Rs 118.89 crore in the quarter ended March 2022 as against net loss of Rs 647.72 crore during the previous quarter ended March 2021. Sales declined 10.58% to Rs 512.25 crore in the quarter ended March 2022 as against Rs 572.84 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 375.41 crore in the year ended March 2022 as against net loss of Rs 558.96 crore during the previous year ended March 2021. Sales declined 13.56% to Rs 2004.39 crore in the year ended March 2022 as against Rs 2318.90 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales512.25572.84 -11 2004.392318.90 -14 OPM %60.57-107.14 -61.0815.91 - PBDT168.76-849.94 LP 546.22-692.52 LP PBT153.73-863.58 LP 491.67-748.77 LP NP118.89-647.72 LP 375.41-558.96 LP

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