Cochin Minerals & Rutile reports standalone net loss of Rs 6.92 crore in the March 2024 quarter

Sales decline 6.50% to Rs 100.82 crore

Net loss of Cochin Minerals & Rutile reported to Rs 6.92 crore in the quarter ended March 2024 as against net profit of Rs 13.00 crore during the previous quarter ended March 2023. Sales declined 6.50% to Rs 100.82 crore in the quarter ended March 2024 as against Rs 107.83 crore during the previous quarter ended March 2023.

For the full year,net profit declined 84.78% to Rs 8.59 crore in the year ended March 2024 as against Rs 56.43 crore during the previous year ended March 2023. Sales declined 32.32% to Rs 300.44 crore in the year ended March 2024 as against Rs 443.91 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales100.82107.83 -7 300.44443.91 -32 OPM %16.7017.67 -12.6116.17 - PBDT16.8220.78 -19 39.9074.32 -46 PBT16.5520.52 -19 39.0473.38 -47 NP-6.9213.00 PL 8.5956.43 -85

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