RIR Power Electronics consolidated net profit rises 131.67% in the March 2024 quarter

Sales rise 32.66% to Rs 21.57 crore

Net profit of RIR Power Electronics rose 131.67% to Rs 2.78 crore in the quarter ended March 2024 as against Rs 1.20 crore during the previous quarter ended March 2023. Sales rose 32.66% to Rs 21.57 crore in the quarter ended March 2024 as against Rs 16.26 crore during the previous quarter ended March 2023.

For the full year,net profit rose 17.76% to Rs 7.03 crore in the year ended March 2024 as against Rs 5.97 crore during the previous year ended March 2023. Sales rose 16.45% to Rs 66.76 crore in the year ended March 2024 as against Rs 57.33 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales21.5716.26 33 66.7657.33 16 OPM %18.2710.39 -14.8114.08 - PBDT4.162.23 87 10.589.13 16 PBT3.881.93 101 9.517.94 20 NP2.781.20 132 7.035.97 18

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