Power & Instrumentation (Gujarat) consolidated net profit rises 116.13% in the March 2024 quarter

Sales decline 12.20% to Rs 39.22 crore

Net profit of Power & Instrumentation (Gujarat) rose 116.13% to Rs 2.68 crore in the quarter ended March 2024 as against Rs 1.24 crore during the previous quarter ended March 2023. Sales declined 12.20% to Rs 39.22 crore in the quarter ended March 2024 as against Rs 44.67 crore during the previous quarter ended March 2023.

For the full year,net profit rose 62.09% to Rs 5.90 crore in the year ended March 2024 as against Rs 3.64 crore during the previous year ended March 2023. Sales rose 6.76% to Rs 100.63 crore in the year ended March 2024 as against Rs 94.26 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales39.2244.67 -12 100.6394.26 7 OPM %9.943.02 -10.898.00 - PBDT3.441.64 110 7.955.20 53 PBT3.391.56 117 7.734.92 57 NP2.681.24 116 5.903.64 62

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