Thirdwave Financial Intermediaries standalone net profit rises 300.00% in the March 2020 quarter

Sales rise 313.11% to Rs 2.52 crore

Net profit of Thirdwave Financial Intermediaries rose 300.00% to Rs 0.28 crore in the quarter ended March 2020 as against Rs 0.07 crore during the previous quarter ended March 2019. Sales rose 313.11% to Rs 2.52 crore in the quarter ended March 2020 as against Rs 0.61 crore during the previous quarter ended March 2019.

For the full year,net profit reported to Rs 0.58 crore in the year ended March 2020 as against net loss of Rs 0.08 crore during the previous year ended March 2019. Sales rose 587.32% to Rs 4.88 crore in the year ended March 2020 as against Rs 0.71 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales2.520.61 313 4.880.71 587 OPM %9.92-1.64 -12.30-18.31 - PBDT0.270.07 286 0.70-0.09 LP PBT0.270.07 286 0.70-0.09 LP NP0.280.07 300 0.58-0.08 LP

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