Westlife Development Q3 PAT tumbles 64% YoY
Westlife Development reported 64% drop in consolidated net profit to Rs 8.19 crore on a 24.9% fall in total revenue to Rs 325.06 crore in Q3 FY21 over Q3 FY20. EBIDTA declined by 42.3% to Rs 32.63 crore in Q3 December 2020 from Rs 56.58 crore in Q3 December 2019. Profit before tax in Q3 FY21 stood at Rs 10.94 crore, down by 64.7% from Rs 30.96 crore in Q3 FY20. In the quarter under review, the company's revenues for Q3FY21 zoomed to 85-90% of pre-COVID levels with December revenues almost back to pre-COVID levels. In the second half of the quarter, almost all of its highway stores exceeded p...