Faze Three consolidated net profit declines 39.85% in the March 2024 quarter

Sales rise 15.67% to Rs 164.35 crore

Net profit of Faze Three declined 39.85% to Rs 8.92 crore in the quarter ended March 2024 as against Rs 14.83 crore during the previous quarter ended March 2023. Sales rose 15.67% to Rs 164.35 crore in the quarter ended March 2024 as against Rs 142.08 crore during the previous quarter ended March 2023.

For the full year,net profit declined 20.09% to Rs 46.59 crore in the year ended March 2024 as against Rs 58.30 crore during the previous year ended March 2023. Sales rose 1.14% to Rs 564.52 crore in the year ended March 2024 as against Rs 558.18 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales164.35142.08 16 564.52558.18 1 OPM %11.2117.08 -15.3216.90 - PBDT17.5022.99 -24 83.0592.09 -10 PBT11.7518.91 -38 62.4577.62 -20 NP8.9214.83 -40 46.5958.30 -20

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