Baid Finserv standalone net profit declines 59.55% in the March 2024 quarter

Image
Last Updated : Jun 14 2024 | 6:05 PM IST

Sales rise 6.92% to Rs 15.15 crore

Net profit of Baid Finserv declined 59.55% to Rs 1.08 crore in the quarter ended March 2024 as against Rs 2.67 crore during the previous quarter ended March 2023. Sales rose 6.92% to Rs 15.15 crore in the quarter ended March 2024 as against Rs 14.17 crore during the previous quarter ended March 2023.

For the full year,net profit rose 24.47% to Rs 12.92 crore in the year ended March 2024 as against Rs 10.38 crore during the previous year ended March 2023. Sales rose 17.70% to Rs 63.37 crore in the year ended March 2024 as against Rs 53.84 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales15.1514.17 7 63.3753.84 18 OPM %57.6954.62 -65.0057.80 - PBDT2.253.65 -38 18.5714.32 30 PBT2.033.59 -43 18.0913.99 29 NP1.082.67 -60 12.9210.38 24

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: Jun 14 2024 | 5:52 PM IST

Next Story