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Dredging Corporation of India standalone net profit rises 96.75% in the December 2023 quarter

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Sales decline 28.52% to Rs 265.42 crore

Net profit of Dredging Corporation of India rose 96.75% to Rs 27.23 crore in the quarter ended December 2023 as against Rs 13.84 crore during the previous quarter ended December 2022. Sales declined 28.52% to Rs 265.42 crore in the quarter ended December 2023 as against Rs 371.32 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales265.42371.32 -29 OPM %25.9216.45 -PBDT61.2549.15 25 PBT27.7114.21 95 NP27.2313.84 97

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First Published: Feb 14 2024 | 7:45 AM IST

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