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Sanghvi Movers reports standalone net profit of Rs 7.80 crore in the March 2021 quarter

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Capital Market

Sales rise 7.22% to Rs 81.27 crore

Net profit of Sanghvi Movers reported to Rs 7.80 crore in the quarter ended March 2021 as against net loss of Rs 1.52 crore during the previous quarter ended March 2020. Sales rose 7.22% to Rs 81.27 crore in the quarter ended March 2021 as against Rs 75.80 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 22.42 crore in the year ended March 2021 as against net loss of Rs 6.60 crore during the previous year ended March 2020. Sales declined 30.66% to Rs 223.89 crore in the year ended March 2021 as against Rs 322.87 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales81.2775.80 7 223.89322.87 -31 OPM %49.3844.78 -39.0048.54 - PBDT43.4625.28 72 90.15119.02 -24 PBT11.96-8.25 LP -31.95-21.36 -50 NP7.80-1.52 LP -22.42-6.60 -240

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First Published: May 27 2021 | 3:03 PM IST

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