Tera Software standalone net profit declines 20.74% in the March 2021 quarter

Sales decline 46.14% to Rs 49.69 crore

Net profit of Tera Software declined 20.74% to Rs 1.72 crore in the quarter ended March 2021 as against Rs 2.17 crore during the previous quarter ended March 2020. Sales declined 46.14% to Rs 49.69 crore in the quarter ended March 2021 as against Rs 92.25 crore during the previous quarter ended March 2020.

For the full year,net profit declined 87.12% to Rs 0.84 crore in the year ended March 2021 as against Rs 6.52 crore during the previous year ended March 2020. Sales declined 40.25% to Rs 160.72 crore in the year ended March 2021 as against Rs 268.97 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales49.6992.25 -46 160.72268.97 -40 OPM %8.195.44 -4.616.29 - PBDT2.823.40 -17 2.1310.67 -80 PBT2.683.23 -17 1.539.86 -84 NP1.722.17 -21 0.846.52 -87

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