Spandana Sphoorty Financial consolidated net profit declines 40.81% in the March 2021 quarter

Sales rise 10.56% to Rs 473.92 crore

Net profit of Spandana Sphoorty Financial declined 40.81% to Rs 49.07 crore in the quarter ended March 2021 as against Rs 82.90 crore during the previous quarter ended March 2020. Sales rose 10.56% to Rs 473.92 crore in the quarter ended March 2021 as against Rs 428.65 crore during the previous quarter ended March 2020.

For the full year,net profit declined 58.73% to Rs 145.04 crore in the year ended March 2021 as against Rs 351.46 crore during the previous year ended March 2020. Sales rose 3.30% to Rs 1482.63 crore in the year ended March 2021 as against Rs 1435.30 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales473.92428.65 11 1482.631435.30 3 OPM %42.5042.50 -41.0366.15 - PBDT69.63110.78 -37 208.07627.29 -67 PBT67.17108.47 -38 200.45618.45 -68 NP49.0782.90 -41 145.04351.46 -59

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