Mangal Credit & Fincorp standalone net profit rises 15.83% in the March 2022 quarter

3 May 2022 , 08:01 AM

Net profit of Mangal Credit & Fincorp rose 15.83% to Rs 1.61 crore in the quarter ended March 2022 as against Rs 1.39 crore during the previous quarter ended March 2021. Sales rose 12.22% to Rs 4.04 crore in the quarter ended March 2022 as against Rs 3.60 crore during the previous quarter ended March 2021.

For the full year,net profit rose 6.48% to Rs 6.08 crore in the year ended March 2022 as against Rs 5.71 crore during the previous year ended March 2021. Sales rose 20.69% to Rs 13.65 crore in the year ended March 2022 as against Rs 11.31 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	4.04	3.60	12	13.65	11.31	21
OPM %	82.67	74.72	–	78.10	78.60	–
PBDT	2.79	2.48	13	9.08	8.43	8
PBT	2.68	2.43	10	8.68	8.19	6
NP	1.61	1.39	16	6.08	5.71	6

Powered by Capital Market – Live News