Vedika Credit Capital standalone net profit rises 186.01% in the March 2024 quarter

Sales rise 30.10% to Rs 72.14 crore

Net profit of Vedika Credit Capital rose 186.01% to Rs 11.04 crore in the quarter ended March 2024 as against Rs 3.86 crore during the previous quarter ended March 2023. Sales rose 30.10% to Rs 72.14 crore in the quarter ended March 2024 as against Rs 55.45 crore during the previous quarter ended March 2023.

For the full year,net profit rose 63.79% to Rs 27.86 crore in the year ended March 2024 as against Rs 17.01 crore during the previous year ended March 2023. Sales rose 37.58% to Rs 229.21 crore in the year ended March 2024 as against Rs 166.60 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales72.1455.45 30 229.21166.60 38 OPM %66.2560.79 -66.5564.31 - PBDT14.776.63 123 37.7523.94 58 PBT14.416.60 118 36.9923.41 58 NP11.043.86 186 27.8617.01 64

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