Sobhagya Mercantile standalone net profit declines 89.66% in the March 2021 quarter

Sales rise 320.19% to Rs 13.53 crore

Net profit of Sobhagya Mercantile declined 89.66% to Rs 0.57 crore in the quarter ended March 2021 as against Rs 5.51 crore during the previous quarter ended March 2020. Sales rose 320.19% to Rs 13.53 crore in the quarter ended March 2021 as against Rs 3.22 crore during the previous quarter ended March 2020.

For the full year,net profit rose 34.30% to Rs 7.91 crore in the year ended March 2021 as against Rs 5.89 crore during the previous year ended March 2020. Sales rose 558.62% to Rs 38.20 crore in the year ended March 2021 as against Rs 5.80 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales13.533.22 320 38.205.80 559 OPM %9.98181.06 -26.02109.83 - PBDT1.255.81 -78 9.766.35 54 PBT1.105.69 -81 9.266.16 50 NP0.575.51 -90 7.915.89 34

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