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Manappuram Home Finance standalone net profit declines 91.42% in the March 2022 quarter

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Capital Market

Sales rise 41.46% to Rs 37.33 crore

Net profit of Manappuram Home Finance declined 91.42% to Rs 0.46 crore in the quarter ended March 2022 as against Rs 5.36 crore during the previous quarter ended March 2021. Sales rose 41.46% to Rs 37.33 crore in the quarter ended March 2022 as against Rs 26.39 crore during the previous quarter ended March 2021.

For the full year,net profit declined 29.93% to Rs 7.21 crore in the year ended March 2022 as against Rs 10.29 crore during the previous year ended March 2021. Sales rose 24.97% to Rs 119.86 crore in the year ended March 2022 as against Rs 95.91 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales37.3326.39 41 119.8695.91 25 OPM %42.6567.15 -50.5859.95 - PBDT1.797.46 -76 11.9415.45 -23 PBT1.317.04 -81 9.9113.70 -28 NP0.465.36 -91 7.2110.29 -30

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First Published: May 14 2022 | 3:25 PM IST

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