Gujarat Craft Industries standalone net profit declines 13.64% in the March 2024 quarter

Sales rise 21.95% to Rs 53.62 crore

Net profit of Gujarat Craft Industries declined 13.64% to Rs 0.76 crore in the quarter ended March 2024 as against Rs 0.88 crore during the previous quarter ended March 2023. Sales rose 21.95% to Rs 53.62 crore in the quarter ended March 2024 as against Rs 43.97 crore during the previous quarter ended March 2023.

For the full year,net profit declined 12.68% to Rs 3.03 crore in the year ended March 2024 as against Rs 3.47 crore during the previous year ended March 2023. Sales rose 6.83% to Rs 175.56 crore in the year ended March 2024 as against Rs 164.33 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales53.6243.97 22 175.56164.33 7 OPM %5.674.78 -6.275.52 - PBDT2.031.72 18 7.676.78 13 PBT1.081.17 -8 4.154.59 -10 NP0.760.88 -14 3.033.47 -13

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