Pradeep Metals consolidated net profit rises 92.38% in the March 2024 quarter

Sales rise 26.07% to Rs 79.49 crore

Net profit of Pradeep Metals rose 92.38% to Rs 7.83 crore in the quarter ended March 2024 as against Rs 4.07 crore during the previous quarter ended March 2023. Sales rose 26.07% to Rs 79.49 crore in the quarter ended March 2024 as against Rs 63.05 crore during the previous quarter ended March 2023.

For the full year,net profit declined 15.06% to Rs 22.28 crore in the year ended March 2024 as against Rs 26.23 crore during the previous year ended March 2023. Sales rose 3.30% to Rs 276.67 crore in the year ended March 2024 as against Rs 267.82 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales79.4963.05 26 276.67267.82 3 OPM %16.6614.35 -14.9917.14 - PBDT12.237.98 53 37.9541.90 -9 PBT9.925.70 74 28.2633.42 -15 NP7.834.07 92 22.2826.23 -15

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