Rainbow Foundations standalone net profit declines 81.25% in the December 2023 quarter

Sales rise 130.01% to Rs 22.84 crore

Net profit of Rainbow Foundations declined 81.25% to Rs 0.09 crore in the quarter ended December 2023 as against Rs 0.48 crore during the previous quarter ended December 2022. Sales rose 130.01% to Rs 22.84 crore in the quarter ended December 2023 as against Rs 9.93 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales22.849.93 130 OPM %24.0431.22 -PBDT0.310.67 -54 PBT0.160.64 -75 NP0.090.48 -81

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