STL Global standalone net profit declines 96.67% in the March 2022 quarter

Sales rise 18.97% to Rs 29.73 crore

Net profit of STL Global declined 96.67% to Rs 1.23 crore in the quarter ended March 2022 as against Rs 36.98 crore during the previous quarter ended March 2021. Sales rose 18.97% to Rs 29.73 crore in the quarter ended March 2022 as against Rs 24.99 crore during the previous quarter ended March 2021.

For the full year,net profit declined 90.64% to Rs 3.50 crore in the year ended March 2022 as against Rs 37.41 crore during the previous year ended March 2021. Sales rose 66.47% to Rs 120.41 crore in the year ended March 2022 as against Rs 72.33 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales29.7324.99 19 120.4172.33 66 OPM %2.966.76 -3.404.45 - PBDT0.861.53 -44 4.242.96 43 PBT0.501.17 -57 3.001.60 88 NP1.2336.98 -97 3.5037.41 -91

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