Majestic Auto consolidated net profit declines 99.53% in the March 2022 quarter

25 May 2022 , 05:36 PM

Net profit of Majestic Auto declined 99.53% to Rs 0.04 crore in the quarter ended March 2022 as against Rs 8.51 crore during the previous quarter ended March 2021. Sales declined 13.05% to Rs 11.59 crore in the quarter ended March 2022 as against Rs 13.33 crore during the previous quarter ended March 2021. For the full year,net profit declined 54.59% to Rs 9.05 crore in the year ended March 2022 as against Rs 19.93 crore during the previous year ended March 2021. Sales declined 13.92% to Rs 48.93 crore in the year ended March 2022 as against Rs 56.84 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	11.59	13.33	-13	48.93	56.84	-14
OPM %	55.13	71.34	–	60.90	70.36	–
PBDT	8.39	12.85	-35	28.50	36.20	-21
PBT	6.10	10.61	-43	19.90	27.25	-27
NP	0.04	8.51	-100	9.05	19.93	-55

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