PTC India Financial Services reports consolidated net loss of Rs 53.66 crore in the March 2021 quarter

Sales decline 17.60% to Rs 274.24 crore

Net loss of PTC India Financial Services reported to Rs 53.66 crore in the quarter ended March 2021 as against net profit of Rs 7.05 crore during the previous quarter ended March 2020. Sales declined 17.60% to Rs 274.24 crore in the quarter ended March 2021 as against Rs 332.80 crore during the previous quarter ended March 2020.

For the full year,net profit declined 76.73% to Rs 25.60 crore in the year ended March 2021 as against Rs 110.00 crore during the previous year ended March 2020. Sales declined 17.13% to Rs 1130.57 crore in the year ended March 2021 as against Rs 1364.25 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales274.24332.80 -18 1130.571364.25 -17 OPM %49.8971.78 -74.4782.20 - PBDT-29.0615.99 PL 99.37178.38 -44 PBT-30.5414.41 PL 93.42172.04 -46 NP-53.667.05 PL 25.60110.00 -77

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