Jubilant Ingrevia consolidated net profit declines 44.08% in the March 2024 quarter

Sales decline 6.13% to Rs 1060.24 crore

Net profit of Jubilant Ingrevia declined 44.08% to Rs 29.25 crore in the quarter ended March 2024 as against Rs 52.31 crore during the previous quarter ended March 2023. Sales declined 6.13% to Rs 1060.24 crore in the quarter ended March 2024 as against Rs 1129.48 crore during the previous quarter ended March 2023.

For the full year,net profit declined 40.52% to Rs 182.89 crore in the year ended March 2024 as against Rs 307.50 crore during the previous year ended March 2023. Sales declined 13.50% to Rs 4100.45 crore in the year ended March 2024 as against Rs 4740.48 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales1060.241129.48 -6 4100.454740.48 -14 OPM %8.609.04 -10.2711.54 - PBDT87.07105.36 -17 403.78558.89 -28 PBT51.3575.52 -32 267.61436.71 -39 NP29.2552.31 -44 182.89307.50 -41

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