Hedge Finance standalone net profit rises 112.00% in the March 2024 quarter

Sales rise 25.78% to Rs 11.71 crore

Net profit of Hedge Finance rose 112.00% to Rs 1.59 crore in the quarter ended March 2024 as against Rs 0.75 crore during the previous quarter ended March 2023. Sales rose 25.78% to Rs 11.71 crore in the quarter ended March 2024 as against Rs 9.31 crore during the previous quarter ended March 2023.

For the full year,net profit rose 128.45% to Rs 5.46 crore in the year ended March 2024 as against Rs 2.39 crore during the previous year ended March 2023. Sales rose 23.14% to Rs 43.42 crore in the year ended March 2024 as against Rs 35.26 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales11.719.31 26 43.4235.26 23 OPM %58.1660.37 -59.8360.38 - PBDT2.191.35 62 7.693.76 105 PBT2.051.24 65 7.173.28 119 NP1.590.75 112 5.462.39 128

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