Surat Trade & Mercantile reports standalone net profit of Rs 1.91 crore in the March 2024 quarter

Sales rise 10.66% to Rs 13.91 crore

Net profit of Surat Trade & Mercantile reported to Rs 1.91 crore in the quarter ended March 2024 as against net loss of Rs 1.00 crore during the previous quarter ended March 2023. Sales rose 10.66% to Rs 13.91 crore in the quarter ended March 2024 as against Rs 12.57 crore during the previous quarter ended March 2023.

For the full year,net profit declined 85.47% to Rs 9.07 crore in the year ended March 2024 as against Rs 62.42 crore during the previous year ended March 2023. Sales rose 142.43% to Rs 60.56 crore in the year ended March 2024 as against Rs 24.98 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales13.9112.57 11 60.5624.98 142 OPM %-12.72-12.97 --9.28-21.90 - PBDT2.880.77 274 13.794.15 232 PBT2.790.66 323 13.473.74 260 NP1.91-1.00 LP 9.0762.42 -85

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