Arvee Laboratories (India) standalone net profit rises 1100.00% in the March 2024 quarter

Sales decline 51.11% to Rs 6.14 crore

Net profit of Arvee Laboratories (India) rose 1100.00% to Rs 0.12 crore in the quarter ended March 2024 as against Rs 0.01 crore during the previous quarter ended March 2023. Sales declined 51.11% to Rs 6.14 crore in the quarter ended March 2024 as against Rs 12.56 crore during the previous quarter ended March 2023.

For the full year,net profit declined 74.51% to Rs 1.05 crore in the year ended March 2024 as against Rs 4.12 crore during the previous year ended March 2023. Sales declined 51.42% to Rs 30.35 crore in the year ended March 2024 as against Rs 62.48 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales6.1412.56 -51 30.3562.48 -51 OPM %13.039.32 -9.8813.48 - PBDT0.961.16 -17 3.338.25 -60 PBT0.590.68 -13 1.836.17 -70 NP0.120.01 1100 1.054.12 -75

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