Megastar Foods consolidated net profit declines 78.59% in the March 2024 quarter

Sales decline 45.29% to Rs 62.64 crore

Net profit of Megastar Foods declined 78.59% to Rs 0.85 crore in the quarter ended March 2024 as against Rs 3.97 crore during the previous quarter ended March 2023. Sales declined 45.29% to Rs 62.64 crore in the quarter ended March 2024 as against Rs 114.50 crore during the previous quarter ended March 2023.

For the full year,net profit declined 37.30% to Rs 6.32 crore in the year ended March 2024 as against Rs 10.08 crore during the previous year ended March 2023. Sales declined 9.62% to Rs 274.93 crore in the year ended March 2024 as against Rs 304.20 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales62.64114.50 -45 274.93304.20 -10 OPM %3.245.85 -4.817.12 - PBDT1.786.03 -70 10.7915.78 -32 PBT1.115.39 -79 8.2213.63 -40 NP0.853.97 -79 6.3210.08 -37

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