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Navkar Corporation standalone net profit rises 277.71% in the March 2022 quarter

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Capital Market

Sales decline 4.04% to Rs 204.99 crore

Net profit of Navkar Corporation rose 277.71% to Rs 29.99 crore in the quarter ended March 2022 as against Rs 7.94 crore during the previous quarter ended March 2021. Sales declined 4.04% to Rs 204.99 crore in the quarter ended March 2022 as against Rs 213.61 crore during the previous quarter ended March 2021.

For the full year,net profit rose 322.03% to Rs 67.23 crore in the year ended March 2022 as against Rs 15.93 crore during the previous year ended March 2021. Sales rose 27.38% to Rs 856.42 crore in the year ended March 2022 as against Rs 672.36 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales204.99213.61 -4 856.42672.36 27 OPM %23.5219.10 -22.6521.03 - PBDT34.2326.28 30 138.4482.71 67 PBT20.4214.63 40 82.6132.69 153 NP29.997.94 278 67.2315.93 322

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First Published: May 19 2022 | 4:08 PM IST

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