Gini Silk Mills standalone net profit declines 35.19% in the March 2024 quarter

Sales decline 5.83% to Rs 11.62 crore

Net profit of Gini Silk Mills declined 35.19% to Rs 0.70 crore in the quarter ended March 2024 as against Rs 1.08 crore during the previous quarter ended March 2023. Sales declined 5.83% to Rs 11.62 crore in the quarter ended March 2024 as against Rs 12.34 crore during the previous quarter ended March 2023.

For the full year,net profit rose 98.69% to Rs 3.04 crore in the year ended March 2024 as against Rs 1.53 crore during the previous year ended March 2023. Sales declined 5.33% to Rs 43.73 crore in the year ended March 2024 as against Rs 46.19 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales11.6212.34 -6 43.7346.19 -5 OPM %1.4610.45 -5.904.87 - PBDT0.641.51 -58 4.513.25 39 PBT0.281.16 -76 3.121.88 66 NP0.701.08 -35 3.041.53 99

Powered by Capital Market - Live News