RACL Geartech consolidated net profit declines 12.03% in the March 2024 quarter

Sales rise 11.26% to Rs 106.18 crore

Net profit of RACL Geartech declined 12.03% to Rs 8.41 crore in the quarter ended March 2024 as against Rs 9.56 crore during the previous quarter ended March 2023. Sales rose 11.26% to Rs 106.18 crore in the quarter ended March 2024 as against Rs 95.43 crore during the previous quarter ended March 2023.

For the full year,net profit rose 5.26% to Rs 39.40 crore in the year ended March 2024 as against Rs 37.43 crore during the previous year ended March 2023. Sales rose 14.32% to Rs 409.52 crore in the year ended March 2024 as against Rs 358.21 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales106.1895.43 11 409.52358.21 14 OPM %22.0123.93 -23.4122.79 - PBDT17.6318.90 -7 78.0070.10 11 PBT11.5113.98 -18 53.4551.40 4 NP8.419.56 -12 39.4037.43 5

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