Consolidated Finvest & Holdings standalone net profit declines 94.63% in the March 2024 quarter

Sales decline 98.50% to Rs 6.06 crore

Net profit of Consolidated Finvest & Holdings declined 94.63% to Rs 16.32 crore in the quarter ended March 2024 as against Rs 304.09 crore during the previous quarter ended March 2023. Sales declined 98.50% to Rs 6.06 crore in the quarter ended March 2024 as against Rs 402.88 crore during the previous quarter ended March 2023.

For the full year,net profit declined 85.15% to Rs 46.46 crore in the year ended March 2024 as against Rs 312.93 crore during the previous year ended March 2023. Sales declined 88.31% to Rs 47.96 crore in the year ended March 2024 as against Rs 410.37 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales6.06402.88 -98 47.96410.37 -88 OPM %97.8598.48 -98.4498.41 - PBDT10.31399.93 -97 50.92410.79 -88 PBT10.30399.92 -97 50.90410.77 -88 NP16.32304.09 -95 46.46312.93 -85

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