GTV Engineering standalone net profit declines 29.61% in the March 2024 quarter

Sales rise 15.53% to Rs 32.07 crore

Net profit of GTV Engineering declined 29.61% to Rs 2.33 crore in the quarter ended March 2024 as against Rs 3.31 crore during the previous quarter ended March 2023. Sales rose 15.53% to Rs 32.07 crore in the quarter ended March 2024 as against Rs 27.76 crore during the previous quarter ended March 2023.

For the full year,net profit rose 31.95% to Rs 5.41 crore in the year ended March 2024 as against Rs 4.10 crore during the previous year ended March 2023. Sales rose 25.54% to Rs 120.62 crore in the year ended March 2024 as against Rs 96.08 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales32.0727.76 16 120.6296.08 26 OPM %3.4911.53 -4.512.67 - PBDT3.083.96 -22 7.695.50 40 PBT2.823.88 -27 6.804.67 46 NP2.333.31 -30 5.414.10 32

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