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Deep Polymers consolidated net profit declines 58.89% in the March 2024 quarter

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Sales decline 7.59% to Rs 26.04 crore

Net profit of Deep Polymers declined 58.89% to Rs 1.18 crore in the quarter ended March 2024 as against Rs 2.87 crore during the previous quarter ended March 2023. Sales declined 7.59% to Rs 26.04 crore in the quarter ended March 2024 as against Rs 28.18 crore during the previous quarter ended March 2023.

For the full year,net profit declined 23.23% to Rs 7.14 crore in the year ended March 2024 as against Rs 9.30 crore during the previous year ended March 2023. Sales declined 12.59% to Rs 105.28 crore in the year ended March 2024 as against Rs 120.45 crore during the previous year ended March 2023.

 
ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales26.0428.18 -8 105.28120.45 -13 OPM %13.2515.83 -11.8711.53 - PBDT2.184.60 -53 11.7315.36 -24 PBT0.374.26 -91 8.2013.34 -39 NP1.182.87 -59 7.149.30 -23

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First Published: May 31 2024 | 2:08 PM IST

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