Krishanveer Forge standalone net profit declines 35.40% in the March 2024 quarter

Sales rise 23.81% to Rs 23.19 crore

Net profit of Krishanveer Forge declined 35.40% to Rs 1.04 crore in the quarter ended March 2024 as against Rs 1.61 crore during the previous quarter ended March 2023. Sales rose 23.81% to Rs 23.19 crore in the quarter ended March 2024 as against Rs 18.73 crore during the previous quarter ended March 2023.

For the full year,net profit rose 143.29% to Rs 3.99 crore in the year ended March 2024 as against Rs 1.64 crore during the previous year ended March 2023. Sales rose 3.35% to Rs 83.62 crore in the year ended March 2024 as against Rs 80.91 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales23.1918.73 24 83.6280.91 3 OPM %10.8213.72 -8.975.67 - PBDT2.242.37 -5 7.023.65 92 PBT1.851.98 -7 5.472.03 169 NP1.041.61 -35 3.991.64 143

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