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Edelweiss Housing Finance reports standalone net profit of Rs 8.38 crore in the March 2022 quarter

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Capital Market

Sales decline 1.48% to Rs 120.86 crore

Net profit of Edelweiss Housing Finance reported to Rs 8.38 crore in the quarter ended March 2022 as against net loss of Rs 8.78 crore during the previous quarter ended March 2021. Sales declined 1.48% to Rs 120.86 crore in the quarter ended March 2022 as against Rs 122.67 crore during the previous quarter ended March 2021.

For the full year,net profit rose 269.97% to Rs 13.80 crore in the year ended March 2022 as against Rs 3.73 crore during the previous year ended March 2021. Sales declined 6.69% to Rs 512.01 crore in the year ended March 2022 as against Rs 548.72 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales120.86122.67 -1 512.01548.72 -7 OPM %71.3960.97 -68.3370.07 - PBDT14.66-13.10 LP 24.19-2.44 LP PBT13.68-14.25 LP 20.17-8.08 LP NP8.38-8.78 LP 13.803.73 270

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First Published: May 09 2022 | 8:15 AM IST

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