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Virat Industries standalone net profit declines 81.48% in the March 2024 quarter

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Sales decline 42.35% to Rs 5.73 crore

Net profit of Virat Industries declined 81.48% to Rs 0.10 crore in the quarter ended March 2024 as against Rs 0.54 crore during the previous quarter ended March 2023. Sales declined 42.35% to Rs 5.73 crore in the quarter ended March 2024 as against Rs 9.94 crore during the previous quarter ended March 2023.

For the full year,net profit declined 53.09% to Rs 0.76 crore in the year ended March 2024 as against Rs 1.62 crore during the previous year ended March 2023. Sales declined 13.96% to Rs 32.42 crore in the year ended March 2024 as against Rs 37.68 crore during the previous year ended March 2023.

 
ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales5.739.94 -42 32.4237.68 -14 OPM %5.248.65 -4.758.12 - PBDT0.461.11 -59 2.483.72 -33 PBT0.140.72 -81 1.032.18 -53 NP0.100.54 -81 0.761.62 -53

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First Published: May 24 2024 | 4:25 PM IST

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