APM Industries standalone net profit declines 68.95% in the March 2024 quarter

Image
Last Updated : May 24 2024 | 4:52 PM IST

Sales decline 20.29% to Rs 62.52 crore

Net profit of APM Industries declined 68.95% to Rs 0.77 crore in the quarter ended March 2024 as against Rs 2.48 crore during the previous quarter ended March 2023. Sales declined 20.29% to Rs 62.52 crore in the quarter ended March 2024 as against Rs 78.43 crore during the previous quarter ended March 2023.

For the full year,net profit declined 80.47% to Rs 4.17 crore in the year ended March 2024 as against Rs 21.35 crore during the previous year ended March 2023. Sales declined 16.82% to Rs 299.85 crore in the year ended March 2024 as against Rs 360.49 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales62.5278.43 -20 299.85360.49 -17 OPM %1.796.62 -4.1810.37 - PBDT0.895.31 -83 11.5437.32 -69 PBT-1.043.52 PL 3.9230.29 -87 NP0.772.48 -69 4.1721.35 -80

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 24 2024 | 4:26 PM IST

Next Story