Ador Fontech consolidated net profit rises 28.69% in the March 2024 quarter

Sales decline 3.02% to Rs 55.84 crore

Net profit of Ador Fontech rose 28.69% to Rs 7.49 crore in the quarter ended March 2024 as against Rs 5.82 crore during the previous quarter ended March 2023. Sales declined 3.02% to Rs 55.84 crore in the quarter ended March 2024 as against Rs 57.58 crore during the previous quarter ended March 2023.

For the full year,net profit rose 35.19% to Rs 23.74 crore in the year ended March 2024 as against Rs 17.56 crore during the previous year ended March 2023. Sales declined 1.91% to Rs 210.13 crore in the year ended March 2024 as against Rs 214.23 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales55.8457.58 -3 210.13214.23 -2 OPM %10.6916.00 -13.1112.87 - PBDT9.649.29 4 34.8230.47 14 PBT8.768.70 1 31.5526.89 17 NP7.495.82 29 23.7417.56 35

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