Kanakadurga Financial Services standalone net profit declines 71.89% in the March 2022 quarter

22 Jun 2022 , 03:28 PM

Net profit of Kanakadurga Financial Services declined 71.89% to Rs 1.65 crore in the quarter ended March 2022 as against Rs 5.87 crore during the previous quarter ended March 2021. Sales declined 13.01% to Rs 24.75 crore in the quarter ended March 2022 as against Rs 28.45 crore during the previous quarter ended March 2021. For the full year,net profit declined 70.37% to Rs 3.33 crore in the year ended March 2022 as against Rs 11.24 crore during the previous year ended March 2021. Sales declined 16.08% to Rs 93.78 crore in the year ended March 2022 as against Rs 111.75 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	24.75	28.45	-13	93.78	111.75	-16
OPM %	58.79	78.31	–	54.95	62.33	–
PBDT	2.97	10.26	-71	8.03	18.37	-56
PBT	1.74	7.88	-78	4.16	15.04	-72
NP	1.65	5.87	-72	3.33	11.24	-70

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