India Gelatine & Chemicals standalone net profit declines 46.08% in the March 2024 quarter

Sales decline 9.44% to Rs 51.21 crore

Net profit of India Gelatine & Chemicals declined 46.08% to Rs 5.02 crore in the quarter ended March 2024 as against Rs 9.31 crore during the previous quarter ended March 2023. Sales declined 9.44% to Rs 51.21 crore in the quarter ended March 2024 as against Rs 56.55 crore during the previous quarter ended March 2023.

For the full year,net profit rose 18.79% to Rs 28.39 crore in the year ended March 2024 as against Rs 23.90 crore during the previous year ended March 2023. Sales rose 0.31% to Rs 205.84 crore in the year ended March 2024 as against Rs 205.20 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales51.2156.55 -9 205.84205.20 0 OPM %14.5522.92 -17.0116.29 - PBDT8.8213.59 -35 42.5235.92 18 PBT7.1012.62 -44 37.2632.07 16 NP5.029.31 -46 28.3923.90 19

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