Lancer Containers Lines consolidated net profit rises 45.76% in the March 2024 quarter

Sales decline 24.22% to Rs 152.27 crore

Net profit of Lancer Containers Lines rose 45.76% to Rs 15.99 crore in the quarter ended March 2024 as against Rs 10.97 crore during the previous quarter ended March 2023. Sales declined 24.22% to Rs 152.27 crore in the quarter ended March 2024 as against Rs 200.95 crore during the previous quarter ended March 2023.

For the full year,net profit rose 8.62% to Rs 58.37 crore in the year ended March 2024 as against Rs 53.74 crore during the previous year ended March 2023. Sales declined 24.34% to Rs 633.41 crore in the year ended March 2024 as against Rs 837.17 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales152.27200.95 -24 633.41837.17 -24 OPM %3.4910.22 -13.9110.70 - PBDT6.2920.83 -70 90.0685.53 5 PBT17.6515.49 14 69.6568.80 1 NP15.9910.97 46 58.3753.74 9

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