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NIBE standalone net profit rises 460.22% in the December 2023 quarter

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Sales rise 312.98% to Rs 62.69 crore

Net profit of NIBE rose 460.22% to Rs 5.21 crore in the quarter ended December 2023 as against Rs 0.93 crore during the previous quarter ended December 2022. Sales rose 312.98% to Rs 62.69 crore in the quarter ended December 2023 as against Rs 15.18 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales62.6915.18 313 OPM %11.3618.31 -PBDT7.612.15 254 PBT6.461.27 409 NP5.210.93 460

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First Published: Feb 03 2024 | 7:31 AM IST

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