SVP Global Ventures records Q1 net profit of Rs39cr, net sales rise too on yoy basis

Consolidated net sales were at Rs384.80cr in the quarter under review increasing from Rs91.83cr in the corresponding period of the previous year.

Jul 20, 2021 02:07 IST India Infoline News Service

Quarterly Results
SVP Global Ventures registered a consolidated net profit of Rs39.19 cr for the quarter ending June 2021 (Q1FY22) against a net loss of Rs57.45cr a year ago same period. The PAT was also higher from Rs38.26cr of the preceding quarter.

Consolidated net sales were at Rs384.80cr in the quarter under review increasing from Rs91.83cr in the corresponding period of the previous year. However, the top line declined from Rs436.09cr in the previous quarter.

At around 2.42 PM, SVP Global was trading at Rs107.85 per piece lower by 1.06% on Sensex.

The stock has touched an intraday high and low of Rs110.90 per piece and Rs105.15 per piece respectively.

The stock is near the 52-week high of Rs115.05 per piece. 

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