Commercial Syn Bags consolidated net profit rises 34.73% in the March 2024 quarter

Sales rise 14.94% to Rs 69.63 crore

Net profit of Commercial Syn Bags rose 34.73% to Rs 3.22 crore in the quarter ended March 2024 as against Rs 2.39 crore during the previous quarter ended March 2023. Sales rose 14.94% to Rs 69.63 crore in the quarter ended March 2024 as against Rs 60.58 crore during the previous quarter ended March 2023.

For the full year,net profit declined 2.84% to Rs 7.86 crore in the year ended March 2024 as against Rs 8.09 crore during the previous year ended March 2023. Sales declined 0.60% to Rs 288.43 crore in the year ended March 2024 as against Rs 290.17 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales69.6360.58 15 288.43290.17 -1 OPM %12.5511.22 -9.278.13 - PBDT7.935.25 51 21.6719.08 14 PBT5.122.69 90 10.749.46 14 NP3.222.39 35 7.868.09 -3

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