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Incred Financial Services standalone net profit rises 417.35% in the March 2022 quarter

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Capital Market

Sales rise 27.38% to Rs 129.99 crore

Net profit of Incred Financial Services rose 417.35% to Rs 23.85 crore in the quarter ended March 2022 as against Rs 4.61 crore during the previous quarter ended March 2021. Sales rose 27.38% to Rs 129.99 crore in the quarter ended March 2022 as against Rs 102.05 crore during the previous quarter ended March 2021.

For the full year,net profit rose 253.08% to Rs 36.12 crore in the year ended March 2022 as against Rs 10.23 crore during the previous year ended March 2021. Sales rose 26.61% to Rs 487.92 crore in the year ended March 2022 as against Rs 385.38 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales129.99102.05 27 487.92385.38 27 OPM %68.1241.99 -50.2443.35 - PBDT35.597.04 406 58.8920.82 183 PBT31.746.07 423 48.1812.40 289 NP23.854.61 417 36.1210.23 253

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First Published: Apr 30 2022 | 4:21 PM IST

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