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Andhra Petrochemicals standalone net profit rises 629.73% in the March 2024 quarter

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Sales rise 71.42% to Rs 278.46 crore

Net profit of Andhra Petrochemicals rose 629.73% to Rs 43.93 crore in the quarter ended March 2024 as against Rs 6.02 crore during the previous quarter ended March 2023. Sales rose 71.42% to Rs 278.46 crore in the quarter ended March 2024 as against Rs 162.44 crore during the previous quarter ended March 2023.

For the full year,net profit rose 210.63% to Rs 63.40 crore in the year ended March 2024 as against Rs 20.41 crore during the previous year ended March 2023. Sales rose 15.47% to Rs 788.67 crore in the year ended March 2024 as against Rs 682.98 crore during the previous year ended March 2023.

 
ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales278.46162.44 71 788.67682.98 15 OPM %20.945.32 -10.675.07 - PBDT62.8912.41 407 100.9144.67 126 PBT59.198.39 605 86.0829.28 194 NP43.936.02 630 63.4020.41 211

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First Published: May 25 2024 | 3:29 PM IST

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