Baid Finserv standalone net profit declines 59.55% in the March 2024 quarter

Sales rise 6.92% to Rs 15.15 crore

Net profit of Baid Finserv declined 59.55% to Rs 1.08 crore in the quarter ended March 2024 as against Rs 2.67 crore during the previous quarter ended March 2023. Sales rose 6.92% to Rs 15.15 crore in the quarter ended March 2024 as against Rs 14.17 crore during the previous quarter ended March 2023.

For the full year,net profit rose 24.47% to Rs 12.92 crore in the year ended March 2024 as against Rs 10.38 crore during the previous year ended March 2023. Sales rose 17.70% to Rs 63.37 crore in the year ended March 2024 as against Rs 53.84 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales15.1514.17 7 63.3753.84 18 OPM %57.6954.62 -65.0057.80 - PBDT2.253.65 -38 18.5714.32 30 PBT2.033.59 -43 18.0913.99 29 NP1.082.67 -60 12.9210.38 24

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