CG-VAK Software & Exports consolidated net profit declines 31.68% in the March 2024 quarter

Sales decline 6.64% to Rs 18.69 crore

Net profit of CG-VAK Software & Exports declined 31.68% to Rs 1.79 crore in the quarter ended March 2024 as against Rs 2.62 crore during the previous quarter ended March 2023. Sales declined 6.64% to Rs 18.69 crore in the quarter ended March 2024 as against Rs 20.02 crore during the previous quarter ended March 2023.

For the full year,net profit declined 22.50% to Rs 9.23 crore in the year ended March 2024 as against Rs 11.91 crore during the previous year ended March 2023. Sales rose 2.17% to Rs 78.58 crore in the year ended March 2024 as against Rs 76.91 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales18.6920.02 -7 78.5876.91 2 OPM %13.2220.48 -15.9123.12 - PBDT2.954.03 -27 14.0917.73 -21 PBT2.553.59 -29 12.4116.07 -23 NP1.792.62 -32 9.2311.91 -23

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