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Magna Electro Castings standalone net profit declines 7.35% in the December 2023 quarter

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Sales decline 9.01% to Rs 35.15 crore

Net profit of Magna Electro Castings declined 7.35% to Rs 3.53 crore in the quarter ended December 2023 as against Rs 3.81 crore during the previous quarter ended December 2022. Sales declined 9.01% to Rs 35.15 crore in the quarter ended December 2023 as against Rs 38.63 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales35.1538.63 -9 OPM %16.1015.74 -PBDT5.926.35 -7 PBT4.845.09 -5 NP3.533.81 -7

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First Published: Feb 05 2024 | 1:26 PM IST

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