Nirma standalone net profit declines 16.19% in the March 2024 quarter

Sales decline 18.06% to Rs 1799.49 crore

Net profit of Nirma declined 16.19% to Rs 161.56 crore in the quarter ended March 2024 as against Rs 192.76 crore during the previous quarter ended March 2023. Sales declined 18.06% to Rs 1799.49 crore in the quarter ended March 2024 as against Rs 2196.19 crore during the previous quarter ended March 2023.

For the full year,net profit declined 43.11% to Rs 681.67 crore in the year ended March 2024 as against Rs 1198.17 crore during the previous year ended March 2023. Sales declined 15.10% to Rs 7267.66 crore in the year ended March 2024 as against Rs 8560.50 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales1799.492196.19 -18 7267.668560.50 -15 OPM %15.3816.46 -16.4023.67 - PBDT304.92402.02 -24 1204.531988.62 -39 PBT238.68309.29 -23 938.921612.88 -42 NP161.56192.76 -16 681.671198.17 -43

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