GB Global standalone net profit rises 137.04% in the March 2024 quarter

Sales rise 60.24% to Rs 68.55 crore

Net profit of GB Global rose 137.04% to Rs 51.65 crore in the quarter ended March 2024 as against Rs 21.79 crore during the previous quarter ended March 2023. Sales rose 60.24% to Rs 68.55 crore in the quarter ended March 2024 as against Rs 42.78 crore during the previous quarter ended March 2023.

For the full year,net profit rose 52.19% to Rs 40.39 crore in the year ended March 2024 as against Rs 26.54 crore during the previous year ended March 2023. Sales rose 71.41% to Rs 219.30 crore in the year ended March 2024 as against Rs 127.94 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales68.5542.78 60 219.30127.94 71 OPM %9.04-57.67 --2.85-26.85 - PBDT49.7726.02 91 54.9454.87 0 PBT44.8621.79 106 33.6126.16 28 NP51.6521.79 137 40.3926.54 52

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