Star Housing Finance reports standalone net loss of Rs 0.75 crore in the March 2021 quarter

Sales decline 11.65% to Rs 4.17 crore

Net loss of Star Housing Finance reported to Rs 0.75 crore in the quarter ended March 2021 as against net profit of Rs 1.57 crore during the previous quarter ended March 2020. Sales declined 11.65% to Rs 4.17 crore in the quarter ended March 2021 as against Rs 4.72 crore during the previous quarter ended March 2020.

For the full year,net profit declined 69.05% to Rs 1.56 crore in the year ended March 2021 as against Rs 5.04 crore during the previous year ended March 2020. Sales declined 1.89% to Rs 15.60 crore in the year ended March 2021 as against Rs 15.90 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales4.174.72 -12 15.6015.90 -2 OPM %4.5652.54 -46.9269.75 - PBDT-1.191.24 PL 2.336.17 -62 PBT-1.241.22 PL 2.186.13 -64 NP-0.751.57 PL 1.565.04 -69

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