Jayaswal Neco Industries standalone net profit declines 60.96% in the March 2024 quarter

Sales decline 3.94% to Rs 1411.43 crore

Net profit of Jayaswal Neco Industries declined 60.96% to Rs 2.03 crore in the quarter ended March 2024 as against Rs 5.20 crore during the previous quarter ended March 2023. Sales declined 3.94% to Rs 1411.43 crore in the quarter ended March 2024 as against Rs 1469.29 crore during the previous quarter ended March 2023.

For the full year,net profit declined 7.44% to Rs 209.98 crore in the year ended March 2024 as against Rs 226.87 crore during the previous year ended March 2023. Sales declined 6.45% to Rs 5933.55 crore in the year ended March 2024 as against Rs 6342.86 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales1411.431469.29 -4 5933.556342.86 -6 OPM %16.4712.82 -17.3012.33 - PBDT93.1679.95 17 575.82351.00 64 PBT26.2812.19 116 309.9085.29 263 NP2.035.20 -61 209.98226.87 -7

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