Ind-Swift consolidated net profit declines 29.30% in the March 2024 quarter

Sales rise 27.72% to Rs 135.23 crore

Net profit of Ind-Swift declined 29.30% to Rs 37.54 crore in the quarter ended March 2024 as against Rs 53.10 crore during the previous quarter ended March 2023. Sales rose 27.72% to Rs 135.23 crore in the quarter ended March 2024 as against Rs 105.88 crore during the previous quarter ended March 2023.

For the full year,net profit declined 45.35% to Rs 14.23 crore in the year ended March 2024 as against Rs 26.04 crore during the previous year ended March 2023. Sales rose 22.21% to Rs 502.25 crore in the year ended March 2024 as against Rs 410.96 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales135.23105.88 28 502.25410.96 22 OPM %10.727.51 -9.6610.23 - PBDT46.65-0.25 LP 43.57-5.88 LP PBT39.77-7.48 LP 16.46-34.54 LP NP37.5453.10 -29 14.2326.04 -45

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