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Tirupati Starch & Chemicals consolidated net profit declines 86.18% in the March 2024 quarter

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Sales decline 4.12% to Rs 82.48 crore

Net profit of Tirupati Starch & Chemicals declined 86.18% to Rs 0.55 crore in the quarter ended March 2024 as against Rs 3.98 crore during the previous quarter ended March 2023. Sales declined 4.12% to Rs 82.48 crore in the quarter ended March 2024 as against Rs 86.02 crore during the previous quarter ended March 2023.

For the full year,net profit declined 66.67% to Rs 2.19 crore in the year ended March 2024 as against Rs 6.57 crore during the previous year ended March 2023. Sales declined 15.95% to Rs 306.11 crore in the year ended March 2024 as against Rs 364.21 crore during the previous year ended March 2023.

 
ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales82.4886.02 -4 306.11364.21 -16 OPM %8.398.50 -6.735.77 - PBDT3.535.39 -35 10.9013.25 -18 PBT1.174.14 -72 3.177.63 -58 NP0.553.98 -86 2.196.57 -67

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First Published: May 29 2024 | 7:35 AM IST

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