Igarashi Motors India standalone net profit declines 32.63% in the March 2024 quarter

Sales rise 18.31% to Rs 204.60 crore

Net profit of Igarashi Motors India declined 32.63% to Rs 5.14 crore in the quarter ended March 2024 as against Rs 7.63 crore during the previous quarter ended March 2023. Sales rose 18.31% to Rs 204.60 crore in the quarter ended March 2024 as against Rs 172.93 crore during the previous quarter ended March 2023.

For the full year,net profit rose 82.63% to Rs 9.57 crore in the year ended March 2024 as against Rs 5.24 crore during the previous year ended March 2023. Sales rose 10.48% to Rs 725.04 crore in the year ended March 2024 as against Rs 656.25 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales204.60172.93 18 725.04656.25 10 OPM %10.9712.65 -10.229.20 - PBDT20.0022.02 -9 62.9656.26 12 PBT7.8710.08 -22 13.889.10 53 NP5.147.63 -33 9.575.24 83

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