Raasi Refractories reports standalone net loss of Rs 0.02 crore in the March 2024 quarter

Sales decline 41.48% to Rs 13.33 crore

Net loss of Raasi Refractories reported to Rs 0.02 crore in the quarter ended March 2024 as against net profit of Rs 4.55 crore during the previous quarter ended March 2023. Sales declined 41.48% to Rs 13.33 crore in the quarter ended March 2024 as against Rs 22.78 crore during the previous quarter ended March 2023.

For the full year,net profit declined 65.12% to Rs 0.30 crore in the year ended March 2024 as against Rs 0.86 crore during the previous year ended March 2023. Sales declined 31.73% to Rs 40.33 crore in the year ended March 2024 as against Rs 59.07 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales13.3322.78 -41 40.3359.07 -32 OPM %6.7524.19 -8.266.15 - PBDT0.404.93 -92 1.041.46 -29 PBT-0.084.72 PL 0.241.03 -77 NP-0.024.55 PL 0.300.86 -65

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