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Genesis Finance Company standalone net profit declines 45.41% in the March 2022 quarter

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Capital Market

Sales rise 21.69% to Rs 7.63 crore

Net profit of Genesis Finance Company declined 45.41% to Rs 1.19 crore in the quarter ended March 2022 as against Rs 2.18 crore during the previous quarter ended March 2021. Sales rose 21.69% to Rs 7.63 crore in the quarter ended March 2022 as against Rs 6.27 crore during the previous quarter ended March 2021.

For the full year,net profit declined 13.05% to Rs 8.06 crore in the year ended March 2022 as against Rs 9.27 crore during the previous year ended March 2021. Sales rose 19.44% to Rs 27.03 crore in the year ended March 2022 as against Rs 22.63 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales7.636.27 22 27.0322.63 19 OPM %77.7264.59 -68.4477.91 - PBDT2.803.36 -17 12.1913.14 -7 PBT2.733.27 -17 11.9112.74 -7 NP1.192.18 -45 8.069.27 -13

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First Published: Jun 11 2022 | 7:49 AM IST

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