Rainbow Foundations reports standalone net profit of Rs 0.02 crore in the March 2022 quarter

Sales decline 81.43% to Rs 1.85 crore

Net profit of Rainbow Foundations reported to Rs 0.02 crore in the quarter ended March 2022 as against net loss of Rs 0.35 crore during the previous quarter ended March 2021. Sales declined 81.43% to Rs 1.85 crore in the quarter ended March 2022 as against Rs 9.96 crore during the previous quarter ended March 2021.

For the full year,net profit declined 73.68% to Rs 0.30 crore in the year ended March 2022 as against Rs 1.14 crore during the previous year ended March 2021. Sales rose 4.04% to Rs 36.02 crore in the year ended March 2022 as against Rs 34.62 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1.859.96 -81 36.0234.62 4 OPM %24.8618.27 -11.3518.43 - PBDT0.480.07 586 1.361.66 -18 PBT0.450.03 1400 1.251.52 -18 NP0.02-0.35 LP 0.301.14 -74

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