Austin Engineering Company consolidated net profit rises 29.03% in the March 2024 quarter

Sales rise 21.80% to Rs 31.01 crore

Net profit of Austin Engineering Company rose 29.03% to Rs 1.60 crore in the quarter ended March 2024 as against Rs 1.24 crore during the previous quarter ended March 2023. Sales rose 21.80% to Rs 31.01 crore in the quarter ended March 2024 as against Rs 25.46 crore during the previous quarter ended March 2023.

For the full year,net profit declined 15.21% to Rs 3.68 crore in the year ended March 2024 as against Rs 4.34 crore during the previous year ended March 2023. Sales rose 0.53% to Rs 111.38 crore in the year ended March 2024 as against Rs 110.79 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales31.0125.46 22 111.38110.79 1 OPM %3.84-0.35 -3.453.44 - PBDT1.991.25 59 6.336.01 5 PBT1.510.95 59 4.955.03 -2 NP1.601.24 29 3.684.34 -15

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