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Advik Capital reports standalone net profit of Rs 0.42 crore in the March 2024 quarter

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Sales rise 91.63% to Rs 4.12 crore

Net profit of Advik Capital reported to Rs 0.42 crore in the quarter ended March 2024 as against net loss of Rs 1.33 crore during the previous quarter ended March 2023. Sales rose 91.63% to Rs 4.12 crore in the quarter ended March 2024 as against Rs 2.15 crore during the previous quarter ended March 2023.

For the full year,net profit declined 57.70% to Rs 4.04 crore in the year ended March 2024 as against Rs 9.55 crore during the previous year ended March 2023. Sales declined 92.14% to Rs 27.46 crore in the year ended March 2024 as against Rs 349.27 crore during the previous year ended March 2023.

 
ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales4.122.15 92 27.46349.27 -92 OPM %76.70-28.37 -49.644.55 - PBDT0.90-1.58 LP 6.2613.17 -52 PBT0.75-1.61 LP 5.8713.09 -55 NP0.42-1.33 LP 4.049.55 -58

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First Published: Apr 19 2024 | 9:05 AM IST

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