Bemco Hydraulics standalone net profit declines 26.26% in the March 2024 quarter

Sales rise 10.90% to Rs 17.90 crore

Net profit of Bemco Hydraulics declined 26.26% to Rs 1.32 crore in the quarter ended March 2024 as against Rs 1.79 crore during the previous quarter ended March 2023. Sales rose 10.90% to Rs 17.90 crore in the quarter ended March 2024 as against Rs 16.14 crore during the previous quarter ended March 2023.

For the full year,net profit rose 50.54% to Rs 7.03 crore in the year ended March 2024 as against Rs 4.67 crore during the previous year ended March 2023. Sales rose 54.94% to Rs 71.35 crore in the year ended March 2024 as against Rs 46.05 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales17.9016.14 11 71.3546.05 55 OPM %14.4717.84 -15.5615.50 - PBDT2.422.61 -7 10.646.23 71 PBT2.192.42 -10 9.915.41 83 NP1.321.79 -26 7.034.67 51

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