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NBI Industrial Finance Company standalone net profit declines 96.78% in the March 2021 quarter

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Capital Market

Sales decline 92.50% to Rs 0.76 crore

Net profit of NBI Industrial Finance Company declined 96.78% to Rs 0.30 crore in the quarter ended March 2021 as against Rs 9.32 crore during the previous quarter ended March 2020. Sales declined 92.50% to Rs 0.76 crore in the quarter ended March 2021 as against Rs 10.14 crore during the previous quarter ended March 2020.

For the full year,net profit declined 87.58% to Rs 1.61 crore in the year ended March 2021 as against Rs 12.96 crore during the previous year ended March 2020. Sales declined 84.98% to Rs 2.16 crore in the year ended March 2021 as against Rs 14.38 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.7610.14 -93 2.1614.38 -85 OPM %53.9592.11 -45.3789.99 - PBDT0.419.34 -96 0.9812.94 -92 PBT0.419.34 -96 0.9812.94 -92 NP0.309.32 -97 1.6112.96 -88

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First Published: Jun 18 2021 | 5:20 PM IST

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