Gujarat Terce Laboratories standalone net profit declines 32.50% in the March 2024 quarter

Sales decline 5.28% to Rs 12.21 crore

Net profit of Gujarat Terce Laboratories declined 32.50% to Rs 0.54 crore in the quarter ended March 2024 as against Rs 0.80 crore during the previous quarter ended March 2023. Sales declined 5.28% to Rs 12.21 crore in the quarter ended March 2024 as against Rs 12.89 crore during the previous quarter ended March 2023.

For the full year,net profit reported to Rs 0.24 crore in the year ended March 2024 as against net loss of Rs 1.67 crore during the previous year ended March 2023. Sales rose 2.54% to Rs 47.97 crore in the year ended March 2024 as against Rs 46.78 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales12.2112.89 -5 47.9746.78 3 OPM %8.19-1.47 -2.65-4.62 - PBDT0.93-0.26 LP 0.91-2.53 LP PBT0.84-0.42 LP 0.54-2.89 LP NP0.540.80 -33 0.24-1.67 LP

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