Sangal Papers standalone net profit rises 38.71% in the March 2024 quarter

Sales decline 18.54% to Rs 48.68 crore

Net profit of Sangal Papers rose 38.71% to Rs 0.86 crore in the quarter ended March 2024 as against Rs 0.62 crore during the previous quarter ended March 2023. Sales declined 18.54% to Rs 48.68 crore in the quarter ended March 2024 as against Rs 59.76 crore during the previous quarter ended March 2023.

For the full year,net profit declined 27.14% to Rs 2.47 crore in the year ended March 2024 as against Rs 3.39 crore during the previous year ended March 2023. Sales declined 15.82% to Rs 190.34 crore in the year ended March 2024 as against Rs 226.10 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales48.6859.76 -19 190.34226.10 -16 OPM %3.992.48 -3.532.79 - PBDT1.751.31 34 5.196.39 -19 PBT1.360.82 66 3.474.80 -28 NP0.860.62 39 2.473.39 -27

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