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Karnavati Finance standalone net profit declines 74.12% in the December 2020 quarter

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Capital Market

Sales decline 26.42% to Rs 0.39 crore

Net profit of Karnavati Finance declined 74.12% to Rs 0.22 crore in the quarter ended December 2020 as against Rs 0.85 crore during the previous quarter ended December 2019. Sales declined 26.42% to Rs 0.39 crore in the quarter ended December 2020 as against Rs 0.53 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales0.390.53 -26 OPM %58.9775.47 -PBDT0.220.95 -77 PBT0.220.95 -77 NP0.220.85 -74

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First Published: Feb 13 2021 | 1:36 PM IST

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