Pilani Investment & Industries Corporation consolidated net profit declines 58.12% in the March 2024 quarter

Sales rise 16.89% to Rs 63.27 crore

Net profit of Pilani Investment & Industries Corporation declined 58.12% to Rs 31.44 crore in the quarter ended March 2024 as against Rs 75.08 crore during the previous quarter ended March 2023. Sales rose 16.89% to Rs 63.27 crore in the quarter ended March 2024 as against Rs 54.13 crore during the previous quarter ended March 2023.

For the full year,net profit declined 32.31% to Rs 166.46 crore in the year ended March 2024 as against Rs 245.93 crore during the previous year ended March 2023. Sales rose 2.75% to Rs 286.31 crore in the year ended March 2024 as against Rs 278.65 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales63.2754.13 17 286.31278.65 3 OPM %98.2995.10 -96.4497.57 - PBDT40.4436.59 11 201.83207.85 -3 PBT40.3836.52 11 201.61207.57 -3 NP31.4475.08 -58 166.46245.93 -32

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