Sangam Finserv standalone net profit rises 255.56% in the March 2024 quarter

Sales rise 6.33% to Rs 4.70 crore

Net profit of Sangam Finserv rose 255.56% to Rs 1.28 crore in the quarter ended March 2024 as against Rs 0.36 crore during the previous quarter ended March 2023. Sales rose 6.33% to Rs 4.70 crore in the quarter ended March 2024 as against Rs 4.42 crore during the previous quarter ended March 2023.

For the full year,net profit rose 22.67% to Rs 7.90 crore in the year ended March 2024 as against Rs 6.44 crore during the previous year ended March 2023. Sales rose 12.61% to Rs 18.57 crore in the year ended March 2024 as against Rs 16.49 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales4.704.42 6 18.5716.49 13 OPM %58.5144.57 -77.2281.44 - PBDT1.800.72 150 10.839.45 15 PBT1.740.65 168 10.599.20 15 NP1.280.36 256 7.906.44 23

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