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Belstar Microfinance Pvt standalone net profit rises 150.81% in the March 2022 quarter

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Capital Market

Sales rise 47.58% to Rs 241.02 crore

Net profit of Belstar Microfinance Pvt rose 150.81% to Rs 29.27 crore in the quarter ended March 2022 as against Rs 11.67 crore during the previous quarter ended March 2021. Sales rose 47.58% to Rs 241.02 crore in the quarter ended March 2022 as against Rs 163.31 crore during the previous quarter ended March 2021.

For the full year,net profit declined 3.26% to Rs 45.13 crore in the year ended March 2022 as against Rs 46.65 crore during the previous year ended March 2021. Sales rose 31.89% to Rs 727.23 crore in the year ended March 2022 as against Rs 551.40 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales241.02163.31 48 727.23551.40 32 OPM %50.5447.56 -48.7954.22 - PBDT40.1115.48 159 64.7966.27 -2 PBT37.2713.00 187 56.1557.01 -2 NP29.2711.67 151 45.1346.65 -3

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First Published: May 02 2022 | 8:17 AM IST

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