Bhagyanagar India consolidated net profit declines 57.93% in the March 2024 quarter

Sales decline 38.22% to Rs 409.68 crore

Net profit of Bhagyanagar India declined 57.93% to Rs 2.44 crore in the quarter ended March 2024 as against Rs 5.80 crore during the previous quarter ended March 2023. Sales declined 38.22% to Rs 409.68 crore in the quarter ended March 2024 as against Rs 663.17 crore during the previous quarter ended March 2023.

For the full year,net profit rose 351.33% to Rs 45.72 crore in the year ended March 2024 as against Rs 10.13 crore during the previous year ended March 2023. Sales declined 22.52% to Rs 1430.72 crore in the year ended March 2024 as against Rs 1846.59 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales409.68663.17 -38 1430.721846.59 -23 OPM %2.152.22 -2.231.88 - PBDT6.979.88 -29 62.5120.41 206 PBT4.828.29 -42 55.8714.48 286 NP2.445.80 -58 45.7210.13 351

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