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Narbada Gems & Jewellery reports standalone net loss of Rs 2.34 crore in the March 2024 quarter

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Sales decline 51.79% to Rs 9.17 crore

Net Loss of Narbada Gems & Jewellery reported to Rs 2.34 crore in the quarter ended March 2024 as against net loss of Rs 0.46 crore during the previous quarter ended March 2023. Sales declined 51.79% to Rs 9.17 crore in the quarter ended March 2024 as against Rs 19.02 crore during the previous quarter ended March 2023.

For the full year,net profit rose 43.10% to Rs 5.08 crore in the year ended March 2024 as against Rs 3.55 crore during the previous year ended March 2023. Sales declined 9.38% to Rs 84.32 crore in the year ended March 2024 as against Rs 93.05 crore during the previous year ended March 2023.

 
ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales9.1719.02 -52 84.3293.05 -9 OPM %-27.92-1.10 -10.336.11 - PBDT-2.90-0.63 -360 7.254.90 48 PBT-3.04-0.68 -347 6.884.69 47 NP-2.34-0.46 -409 5.083.55 43

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First Published: May 28 2024 | 4:38 PM IST

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