Midland Microfin standalone net profit rises 1064.42% in the March 2022 quarter

10 May 2022 , 04:13 PM

Net profit of Midland Microfin rose 1064.42% to Rs 12.11 crore in the quarter ended March 2022 as against Rs 1.04 crore during the previous quarter ended March 2021. Sales rose 28.91% to Rs 59.71 crore in the quarter ended March 2022 as against Rs 46.32 crore during the previous quarter ended March 2021. For the full year,net profit rose 52.29% to Rs 22.28 crore in the year ended March 2022 as against Rs 14.63 crore during the previous year ended March 2021. Sales rose 14.21% to Rs 219.52 crore in the year ended March 2022 as against Rs 192.21 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	59.71	46.32	29	219.52	192.21	14
OPM %	72.48	53.78	–	62.00	65.70	–
PBDT	15.57	1.77	780	32.33	22.78	42
PBT	15.12	1.08	1300	29.32	19.02	54
NP	12.11	1.04	1064	22.28	14.63	52

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