Deep Industries consolidated net profit declines 50.01% in the March 2024 quarter

Image
Last Updated : May 15 2024 | 5:52 PM IST

Sales rise 15.66% to Rs 119.66 crore

Net profit of Deep Industries declined 50.01% to Rs 36.12 crore in the quarter ended March 2024 as against Rs 72.26 crore during the previous quarter ended March 2023. Sales rose 15.66% to Rs 119.66 crore in the quarter ended March 2024 as against Rs 103.46 crore during the previous quarter ended March 2023.

For the full year,net profit rose 6.77% to Rs 123.85 crore in the year ended March 2024 as against Rs 116.00 crore during the previous year ended March 2023. Sales rose 25.09% to Rs 426.99 crore in the year ended March 2024 as against Rs 341.34 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales119.66103.46 16 426.99341.34 25 OPM %31.6140.57 -37.3338.24 - PBDT46.1344.28 4 186.58136.56 37 PBT39.0835.33 11 152.21106.96 42 NP36.1272.26 -50 123.85116.00 7

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 15 2024 | 5:37 PM IST

Next Story