Emerald Finance consolidated net profit declines 8.80% in the March 2024 quarter

Image
Last Updated : May 24 2024 | 9:12 AM IST

Sales rise 0.52% to Rs 3.89 crore

Net profit of Emerald Finance declined 8.80% to Rs 1.14 crore in the quarter ended March 2024 as against Rs 1.25 crore during the previous quarter ended March 2023. Sales rose 0.52% to Rs 3.89 crore in the quarter ended March 2024 as against Rs 3.87 crore during the previous quarter ended March 2023.

For the full year,net profit rose 20.00% to Rs 4.14 crore in the year ended March 2024 as against Rs 3.45 crore during the previous year ended March 2023. Sales rose 15.73% to Rs 13.32 crore in the year ended March 2024 as against Rs 11.51 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales3.893.87 1 13.3211.51 16 OPM %53.2152.71 -52.7048.31 - PBDT1.581.83 -14 5.644.77 18 PBT1.521.80 -16 5.584.74 18 NP1.141.25 -9 4.143.45 20

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 24 2024 | 7:35 AM IST

Next Story