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Baroda Rayon Corporation standalone net profit declines 79.89% in the March 2024 quarter

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Sales decline 80.79% to Rs 7.13 crore

Net profit of Baroda Rayon Corporation declined 79.89% to Rs 4.62 crore in the quarter ended March 2024 as against Rs 22.97 crore during the previous quarter ended March 2023. Sales declined 80.79% to Rs 7.13 crore in the quarter ended March 2024 as against Rs 37.11 crore during the previous quarter ended March 2023.

For the full year,net profit declined 87.45% to Rs 34.22 crore in the year ended March 2024 as against Rs 272.74 crore during the previous year ended March 2023. Sales rose 31.47% to Rs 76.83 crore in the year ended March 2024 as against Rs 58.44 crore during the previous year ended March 2023.

 
ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales7.1337.11 -81 76.8358.44 31 OPM %17.257.95 -12.09406.49 - PBDT2.306.25 -63 15.54256.02 -94 PBT2.286.22 -63 15.48255.99 -94 NP4.6222.97 -80 34.22272.74 -87

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First Published: May 30 2024 | 4:34 PM IST

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