Jyoti Resins and Adhesives standalone net profit rises 14.38% in the March 2024 quarter

Sales rise 9.47% to Rs 71.24 crore

Net profit of Jyoti Resins and Adhesives rose 14.38% to Rs 18.77 crore in the quarter ended March 2024 as against Rs 16.41 crore during the previous quarter ended March 2023. Sales rose 9.47% to Rs 71.24 crore in the quarter ended March 2024 as against Rs 65.08 crore during the previous quarter ended March 2023.

For the full year,net profit rose 44.53% to Rs 67.12 crore in the year ended March 2024 as against Rs 46.44 crore during the previous year ended March 2023. Sales declined 1.51% to Rs 257.30 crore in the year ended March 2024 as against Rs 261.25 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales71.2465.08 9 257.30261.25 -2 OPM %29.8030.81 -32.6223.21 - PBDT25.3821.77 17 90.6962.86 44 PBT25.1221.37 18 89.6061.41 46 NP18.7716.41 14 67.1246.44 45

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