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Canopy Finance reports standalone net loss of Rs 0.40 crore in the March 2021 quarter

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Capital Market

Sales rise 117.65% to Rs 0.74 crore

Net Loss of Canopy Finance reported to Rs 0.40 crore in the quarter ended March 2021 as against net loss of Rs 3.09 crore during the previous quarter ended March 2020. Sales rose 117.65% to Rs 0.74 crore in the quarter ended March 2021 as against Rs 0.34 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 0.83 crore in the year ended March 2021 as against net loss of Rs 3.06 crore during the previous year ended March 2020. Sales declined 9.19% to Rs 4.94 crore in the year ended March 2021 as against Rs 5.44 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.740.34 118 4.945.44 -9 OPM %-20.27-997.06 -27.33-61.76 - PBDT-0.15-3.39 96 1.35-3.36 LP PBT-0.15-3.39 96 1.35-3.36 LP NP-0.40-3.09 87 0.83-3.06 LP

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First Published: Jun 03 2021 | 4:28 PM IST

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