Fidel Softech standalone net profit declines 3.87% in the March 2024 quarter

Sales rise 20.34% to Rs 11.18 crore

Net profit of Fidel Softech declined 3.87% to Rs 1.49 crore in the quarter ended March 2024 as against Rs 1.55 crore during the previous quarter ended March 2023. Sales rose 20.34% to Rs 11.18 crore in the quarter ended March 2024 as against Rs 9.29 crore during the previous quarter ended March 2023.

For the full year,net profit rose 12.43% to Rs 6.06 crore in the year ended March 2024 as against Rs 5.39 crore during the previous year ended March 2023. Sales rose 20.14% to Rs 40.09 crore in the year ended March 2024 as against Rs 33.37 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales11.189.29 20 40.0933.37 20 OPM %16.2818.41 -18.2119.75 - PBDT1.982.13 -7 8.247.43 11 PBT1.922.04 -6 8.027.16 12 NP1.491.55 -4 6.065.39 12

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