Mohit Paper Mills standalone net profit declines 62.70% in the March 2024 quarter

Sales decline 20.62% to Rs 45.54 crore

Net profit of Mohit Paper Mills declined 62.70% to Rs 0.69 crore in the quarter ended March 2024 as against Rs 1.85 crore during the previous quarter ended March 2023. Sales declined 20.62% to Rs 45.54 crore in the quarter ended March 2024 as against Rs 57.37 crore during the previous quarter ended March 2023.

For the full year,net profit rose 31.10% to Rs 6.45 crore in the year ended March 2024 as against Rs 4.92 crore during the previous year ended March 2023. Sales declined 16.45% to Rs 185.63 crore in the year ended March 2024 as against Rs 222.17 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales45.5457.37 -21 185.63222.17 -16 OPM %7.885.21 -6.665.40 - PBDT4.393.63 21 15.0012.63 19 PBT2.192.24 -2 9.107.06 29 NP0.691.85 -63 6.454.92 31

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