Shrem InvIT consolidated net profit rises 213.15% in the March 2024 quarter

Sales rise 28.65% to Rs 512.13 crore

Net profit of Shrem InvIT rose 213.15% to Rs 268.71 crore in the quarter ended March 2024 as against Rs 85.81 crore during the previous quarter ended March 2023. Sales rose 28.65% to Rs 512.13 crore in the quarter ended March 2024 as against Rs 398.09 crore during the previous quarter ended March 2023.

For the full year,net profit rose 115.74% to Rs 1044.16 crore in the year ended March 2024 as against Rs 484.00 crore during the previous year ended March 2023. Sales rose 41.07% to Rs 1952.84 crore in the year ended March 2024 as against Rs 1384.33 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales512.13398.09 29 1952.841384.33 41 OPM %73.5933.20 -74.8253.25 - PBDT261.4958.97 343 980.25509.97 92 PBT247.1544.74 452 922.41452.26 104 NP268.7185.81 213 1044.16484.00 116

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