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Merit Credit Corporation reports standalone net profit of Rs 2.07 crore in the December 2020 quarter

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Capital Market

Sales rise 1243.48% to Rs 3.09 crore

Net profit of Merit Credit Corporation reported to Rs 2.07 crore in the quarter ended December 2020 as against net loss of Rs 0.83 crore during the previous quarter ended December 2019. Sales rose 1243.48% to Rs 3.09 crore in the quarter ended December 2020 as against Rs 0.23 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales3.090.23 1243 OPM %92.5647.83 -PBDT2.09-0.81 LP PBT2.07-0.83 LP NP2.07-0.83 LP

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First Published: Feb 09 2021 | 10:18 AM IST

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