Hikal consolidated net profit declines 5.64% in the March 2024 quarter

Sales decline 4.68% to Rs 512.75 crore

Net profit of Hikal declined 5.64% to Rs 33.97 crore in the quarter ended March 2024 as against Rs 36.00 crore during the previous quarter ended March 2023. Sales declined 4.68% to Rs 512.75 crore in the quarter ended March 2024 as against Rs 537.90 crore during the previous quarter ended March 2023.

For the full year,net profit declined 11.21% to Rs 69.60 crore in the year ended March 2024 as against Rs 78.39 crore during the previous year ended March 2023. Sales declined 11.77% to Rs 1768.66 crore in the year ended March 2024 as against Rs 2004.70 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales512.75537.90 -5 1768.662004.70 -12 OPM %18.4216.36 -15.1012.82 - PBDT79.6675.41 6 213.11214.38 -1 PBT47.3248.58 -3 95.50105.37 -9 NP33.9736.00 -6 69.6078.39 -11

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