India Motor Parts & Accessories consolidated net profit declines 22.06% in the March 2024 quarter

Sales rise 5.13% to Rs 178.56 crore

Net profit of India Motor Parts & Accessories declined 22.06% to Rs 19.82 crore in the quarter ended March 2024 as against Rs 25.43 crore during the previous quarter ended March 2023. Sales rose 5.13% to Rs 178.56 crore in the quarter ended March 2024 as against Rs 169.84 crore during the previous quarter ended March 2023.

For the full year,net profit declined 1.62% to Rs 73.92 crore in the year ended March 2024 as against Rs 75.14 crore during the previous year ended March 2023. Sales rose 2.10% to Rs 741.16 crore in the year ended March 2024 as against Rs 725.92 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales178.56169.84 5 741.16725.92 2 OPM %8.2911.17 -7.688.83 - PBDT24.9433.51 -26 92.2094.64 -3 PBT24.6333.26 -26 91.0293.72 -3 NP19.8225.43 -22 73.9275.14 -2

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