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Edelweiss Rural & Corporate Services reports standalone net profit of Rs 54.99 crore in the March 2022 quarter

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Capital Market

Sales rise 223.71% to Rs 365.37 crore

Net profit of Edelweiss Rural & Corporate Services reported to Rs 54.99 crore in the quarter ended March 2022 as against net loss of Rs 812.77 crore during the previous quarter ended March 2021. Sales rose 223.71% to Rs 365.37 crore in the quarter ended March 2022 as against Rs 112.87 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 74.60 crore in the year ended March 2022 as against net loss of Rs 917.53 crore during the previous year ended March 2021. Sales rose 36.05% to Rs 965.53 crore in the year ended March 2022 as against Rs 709.71 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales365.37112.87 224 965.53709.71 36 OPM %25.92-562.41 -39.38-54.05 - PBDT47.85-752.48 LP -41.18-847.92 95 PBT41.39-761.51 LP -82.05-889.96 91 NP54.99-812.77 LP -74.60-917.53 92

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First Published: Jun 17 2022 | 3:37 PM IST

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