Pitti Engineering consolidated net profit rises 62.51% in the March 2024 quarter

Sales rise 32.48% to Rs 327.88 crore

Net profit of Pitti Engineering rose 62.51% to Rs 40.35 crore in the quarter ended March 2024 as against Rs 24.83 crore during the previous quarter ended March 2023. Sales rose 32.48% to Rs 327.88 crore in the quarter ended March 2024 as against Rs 247.50 crore during the previous quarter ended March 2023.

For the full year,net profit rose 53.31% to Rs 90.19 crore in the year ended March 2024 as against Rs 58.83 crore during the previous year ended March 2023. Sales rose 9.22% to Rs 1201.60 crore in the year ended March 2024 as against Rs 1100.17 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales327.88247.50 32 1201.601100.17 9 OPM %14.8316.39 -14.7913.76 - PBDT66.4346.44 43 175.93124.56 41 PBT52.4133.68 56 121.9179.91 53 NP40.3524.83 63 90.1958.83 53

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