Gratex Industries standalone net profit declines 50.00% in the March 2024 quarter

Sales decline 7.84% to Rs 0.94 crore

Net profit of Gratex Industries declined 50.00% to Rs 0.03 crore in the quarter ended March 2024 as against Rs 0.06 crore during the previous quarter ended March 2023. Sales declined 7.84% to Rs 0.94 crore in the quarter ended March 2024 as against Rs 1.02 crore during the previous quarter ended March 2023.

For the full year,net profit declined 52.63% to Rs 0.09 crore in the year ended March 2024 as against Rs 0.19 crore during the previous year ended March 2023. Sales declined 6.34% to Rs 3.99 crore in the year ended March 2024 as against Rs 4.26 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales0.941.02 -8 3.994.26 -6 OPM %7.457.84 -6.528.69 - PBDT0.070.08 -13 0.250.36 -31 PBT0.040.05 -20 0.120.23 -48 NP0.030.06 -50 0.090.19 -53

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