Parnax Lab consolidated net profit rises 55.56% in the March 2024 quarter

Sales rise 13.35% to Rs 46.37 crore

Net profit of Parnax Lab rose 55.56% to Rs 2.24 crore in the quarter ended March 2024 as against Rs 1.44 crore during the previous quarter ended March 2023. Sales rose 13.35% to Rs 46.37 crore in the quarter ended March 2024 as against Rs 40.91 crore during the previous quarter ended March 2023.

For the full year,net profit rose 11.48% to Rs 9.61 crore in the year ended March 2024 as against Rs 8.62 crore during the previous year ended March 2023. Sales rose 12.59% to Rs 188.71 crore in the year ended March 2024 as against Rs 167.61 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales46.3740.91 13 188.71167.61 13 OPM %12.4911.59 -12.4713.72 - PBDT4.633.82 21 19.0118.81 1 PBT2.792.23 25 12.0512.28 -2 NP2.241.44 56 9.618.62 11

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