Consolidated Finvest & Holdings reports standalone net profit of Rs 2.23 crore in the March 2020 quarter

Consolidated Finvest & Holdings reports standalone net profit of Rs 2.23 crore in the March 2020 quarter

Capital Market 

Sales rise 22.71% to Rs 4.16 crore

Net profit of Consolidated Finvest & Holdings reported to Rs 2.23 crore in the quarter ended March 2020 as against net loss of Rs 9.48 crore during the previous quarter ended March 2019. Sales rose 22.71% to Rs 4.16 crore in the quarter ended March 2020 as against Rs 3.39 crore during the previous quarter ended March 2019.

For the full year,net profit reported to Rs 5.62 crore in the year ended March 2020 as against net loss of Rs 6.56 crore during the previous year ended March 2019. Sales rose 13.90% to Rs 5.08 crore in the year ended March 2020 as against Rs 4.46 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales4.163.39 23 5.084.46 14 OPM %96.39-30.38 -88.78-27.80 - PBDT4.50-0.84 LP 7.932.34 239 PBT4.49-0.85 LP 7.912.31 242 NP2.23-9.48 LP 5.62-6.56 LP

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First Published: Thu, July 30 2020. 08:26 IST