IMEC Services consolidated net profit rises 24292.86% in the March 2024 quarter

Sales decline 11.28% to Rs 3.54 crore

Net profit of IMEC Services rose 24292.86% to Rs 307.35 crore in the quarter ended March 2024 as against Rs 1.26 crore during the previous quarter ended March 2023. Sales declined 11.28% to Rs 3.54 crore in the quarter ended March 2024 as against Rs 3.99 crore during the previous quarter ended March 2023.

For the full year,net profit reported to Rs 299.86 crore in the year ended March 2024 as against net loss of Rs 4.55 crore during the previous year ended March 2023. Sales declined 24.77% to Rs 6.41 crore in the year ended March 2024 as against Rs 8.52 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales3.543.99 -11 6.418.52 -25 OPM %65.5439.85 -0.310.94 - PBDT2.331.60 46 0.060.09 -33 PBT2.321.60 45 0.030.06 -50 NP307.351.26 24293 299.86-4.55 LP

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