Riba Textiles standalone net profit declines 39.22% in the March 2024 quarter

Sales rise 9.58% to Rs 74.02 crore

Net profit of Riba Textiles declined 39.22% to Rs 2.34 crore in the quarter ended March 2024 as against Rs 3.85 crore during the previous quarter ended March 2023. Sales rose 9.58% to Rs 74.02 crore in the quarter ended March 2024 as against Rs 67.55 crore during the previous quarter ended March 2023.

For the full year,net profit rose 7.03% to Rs 7.92 crore in the year ended March 2024 as against Rs 7.40 crore during the previous year ended March 2023. Sales rose 1.73% to Rs 246.89 crore in the year ended March 2024 as against Rs 242.69 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales74.0267.55 10 246.89242.69 2 OPM %7.2511.25 -7.997.65 - PBDT4.146.03 -31 15.3914.21 8 PBT3.235.02 -36 10.609.74 9 NP2.343.85 -39 7.927.40 7

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