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Kovalam Investment & Trading Co. reports standalone net loss of Rs 0.01 crore in the March 2022 quarter

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Capital Market

Sales decline 92.94% to Rs 0.06 crore

Net loss of Kovalam Investment & Trading Co. reported to Rs 0.01 crore in the quarter ended March 2022 as against net profit of Rs 0.80 crore during the previous quarter ended March 2021. Sales declined 92.94% to Rs 0.06 crore in the quarter ended March 2022 as against Rs 0.85 crore during the previous quarter ended March 2021.

For the full year,net profit declined 48.14% to Rs 1.81 crore in the year ended March 2022 as against Rs 3.49 crore during the previous year ended March 2021. Sales declined 52.58% to Rs 2.11 crore in the year ended March 2022 as against Rs 4.45 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales0.060.85 -93 2.114.45 -53 OPM %66.6794.12 -94.3195.06 - PBDT0.040.80 -95 1.994.24 -53 PBT0.040.80 -95 1.994.24 -53 NP-0.010.80 PL 1.813.49 -48

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First Published: May 12 2022 | 8:00 AM IST

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