Times Guaranty standalone net profit declines 88.59% in the March 2022 quarter

28 Apr 2022 , 02:37 PM

Net profit of Times Guaranty declined 88.59% to Rs 0.51 crore in the quarter ended March 2022 as against Rs 4.47 crore during the previous quarter ended March 2021. Sales declined 83.44% to Rs 1.00 crore in the quarter ended March 2022 as against Rs 6.04 crore during the previous quarter ended March 2021.

For the full year,net profit declined 76.03% to Rs 1.57 crore in the year ended March 2022 as against Rs 6.55 crore during the previous year ended March 2021. Sales declined 68.88% to Rs 2.72 crore in the year ended March 2022 as against Rs 8.74 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	1.00	6.04	-83	2.72	8.74	-69
OPM %	70.00	94.37	–	74.26	92.68	–
PBDT	0.69	5.64	-88	2.01	8.04	-75
PBT	0.69	5.64	-88	2.01	8.04	-75
NP	0.51	4.47	-89	1.57	6.55	-76

Powered by Capital Market – Live News