KLM Axiva Finvest standalone net profit rises 176.70% in the March 2024 quarter

Sales rise 9.11% to Rs 81.47 crore

Net profit of KLM Axiva Finvest rose 176.70% to Rs 11.40 crore in the quarter ended March 2024 as against Rs 4.12 crore during the previous quarter ended March 2023. Sales rose 9.11% to Rs 81.47 crore in the quarter ended March 2024 as against Rs 74.67 crore during the previous quarter ended March 2023.

For the full year,net profit rose 25.64% to Rs 23.03 crore in the year ended March 2024 as against Rs 18.33 crore during the previous year ended March 2023. Sales rose 10.97% to Rs 305.62 crore in the year ended March 2024 as against Rs 275.40 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales81.4774.67 9 305.62275.40 11 OPM %59.7955.81 -60.0763.76 - PBDT15.007.33 105 39.1135.58 10 PBT14.344.38 227 30.1824.63 23 NP11.404.12 177 23.0318.33 26

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