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Somi Conveyor Beltings standalone net profit rises 65.22% in the December 2023 quarter

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Sales decline 14.42% to Rs 18.76 crore

Net profit of Somi Conveyor Beltings rose 65.22% to Rs 0.76 crore in the quarter ended December 2023 as against Rs 0.46 crore during the previous quarter ended December 2022. Sales declined 14.42% to Rs 18.76 crore in the quarter ended December 2023 as against Rs 21.92 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales18.7621.92 -14 OPM %8.746.98 -PBDT1.300.86 51 PBT1.010.61 66 NP0.760.46 65

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First Published: Feb 13 2024 | 7:33 AM IST

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