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Nava consolidated net profit declines 16.41% in the March 2024 quarter

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Sales rise 4.82% to Rs 923.90 crore

Net profit of Nava declined 16.41% to Rs 206.19 crore in the quarter ended March 2024 as against Rs 246.66 crore during the previous quarter ended March 2023. Sales rose 4.82% to Rs 923.90 crore in the quarter ended March 2024 as against Rs 881.44 crore during the previous quarter ended March 2023.

For the full year,net profit rose 1.73% to Rs 943.73 crore in the year ended March 2024 as against Rs 927.67 crore during the previous year ended March 2023. Sales rose 8.22% to Rs 3818.12 crore in the year ended March 2024 as against Rs 3528.15 crore during the previous year ended March 2023.

 
ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales923.90881.44 5 3818.123528.15 8 OPM %41.3039.39 -45.0244.44 - PBDT356.52375.46 -5 1581.261570.41 1 PBT274.03297.19 -8 1262.551264.20 0 NP206.19246.66 -16 943.73927.67 2

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First Published: May 17 2024 | 1:39 PM IST

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