Avalon Technologies consolidated net profit declines 68.91% in the March 2024 quarter

Sales decline 20.23% to Rs 216.81 crore

Net profit of Avalon Technologies declined 68.91% to Rs 7.06 crore in the quarter ended March 2024 as against Rs 22.71 crore during the previous quarter ended March 2023. Sales declined 20.23% to Rs 216.81 crore in the quarter ended March 2024 as against Rs 271.80 crore during the previous quarter ended March 2023.

For the full year,net profit declined 46.69% to Rs 27.99 crore in the year ended March 2024 as against Rs 52.50 crore during the previous year ended March 2023. Sales declined 8.21% to Rs 867.17 crore in the year ended March 2024 as against Rs 944.72 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales216.81271.80 -20 867.17944.72 -8 OPM %7.9315.07 -7.2111.92 - PBDT16.0635.36 -55 60.9592.35 -34 PBT9.9430.17 -67 38.0672.69 -48 NP7.0622.71 -69 27.9952.50 -47

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