NILE consolidated net profit declines 29.04% in the March 2024 quarter

Sales decline 19.79% to Rs 174.12 crore

Net profit of NILE declined 29.04% to Rs 6.06 crore in the quarter ended March 2024 as against Rs 8.54 crore during the previous quarter ended March 2023. Sales declined 19.79% to Rs 174.12 crore in the quarter ended March 2024 as against Rs 217.08 crore during the previous quarter ended March 2023.

For the full year,net profit rose 38.06% to Rs 31.16 crore in the year ended March 2024 as against Rs 22.57 crore during the previous year ended March 2023. Sales rose 3.88% to Rs 837.62 crore in the year ended March 2024 as against Rs 806.32 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales174.12217.08 -20 837.62806.32 4 OPM %5.356.04 -5.504.44 - PBDT9.1212.18 -25 45.1133.15 36 PBT8.3311.47 -27 42.1830.39 39 NP6.068.54 -29 31.1622.57 38

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