Karnavati Finance- Standalone Q3-FY21 Net profit falls to Rs. 21.85 lacs against Rs. 84.53 lacs in Q3-FY20

Karnavati Finance – Standalone Q3-FY21 Revenue stood at Rs. 39.03 lacs against Rs. 52.79 lacs in Q3-FY20.

Karnavati Finance announced its Standalone financial results for the quarter and period ended on 31st December, 2020.

Financials for Standalone Q3 at Karnavati Finance in FY20-21 are as follows:

- Revenue reached at Rs. 39.03 lacs while previous year corresponding period it was Rs. 52.79 lacs.

- Net profit falls to Rs. 21.85 lacs against Rs. 84.53 lacs in a year ago period.

- Earning per share was Rs. 0.22 against Rs. 0.84 in a year ago period.

Standalone financials for the 9 months period ended on 31st December 2020 at Karnavati Finance are as follows:

- Revenue was Rs. 1.02 crore whereas in the last year same period it was Rs. 2.30 crore.

- Net profit was Rs. 1.05 lacs against Rs. 37.17 lacs in a year ago period

- Earning per share was Rs. 0.01 against Rs. 0.37 in the corresponding period previous year.

Standalone annual revenue in FY19-20 reached Rs. 2.76 crore with net profit of Rs.10.75 lacs and Earning per share was Rs.0.11 at Karnavati Finance.

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