SMC Credits standalone net profit rises 77.04% in the March 2021 quarter

Sales decline 50.67% to Rs 0.74 crore

Net profit of SMC Credits rose 77.04% to Rs 2.39 crore in the quarter ended March 2021 as against Rs 1.35 crore during the previous quarter ended March 2020. Sales declined 50.67% to Rs 0.74 crore in the quarter ended March 2021 as against Rs 1.50 crore during the previous quarter ended March 2020.

For the full year,net profit rose 40.63% to Rs 4.50 crore in the year ended March 2021 as against Rs 3.20 crore during the previous year ended March 2020. Sales declined 23.96% to Rs 4.19 crore in the year ended March 2021 as against Rs 5.51 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.741.50 -51 4.195.51 -24 OPM %87.8496.67 -84.4985.48 - PBDT0.491.17 -58 3.023.44 -12 PBT0.481.16 -59 2.993.40 -12 NP2.391.35 77 4.503.20 41

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