Automotive Stampings & Assemblies standalone net profit rises 126.11% in the March 2024 quarter

Image
Last Updated : May 07 2024 | 9:05 AM IST

Sales rise 10.65% to Rs 232.48 crore

Net profit of Automotive Stampings & Assemblies rose 126.11% to Rs 7.62 crore in the quarter ended March 2024 as against Rs 3.37 crore during the previous quarter ended March 2023. Sales rose 10.65% to Rs 232.48 crore in the quarter ended March 2024 as against Rs 210.11 crore during the previous quarter ended March 2023.

For the full year,net profit rose 142.14% to Rs 20.17 crore in the year ended March 2024 as against Rs 8.33 crore during the previous year ended March 2023. Sales rose 6.29% to Rs 880.33 crore in the year ended March 2024 as against Rs 828.23 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales232.48210.11 11 880.33828.23 6 OPM %6.824.80 -5.773.93 - PBDT12.076.91 75 36.4922.15 65 PBT7.623.37 126 20.178.33 142 NP7.623.37 126 20.178.33 142

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 07 2024 | 7:32 AM IST

Next Story