ICE Make Refrigeration consolidated net profit rises 65.70% in the March 2024 quarter

Sales rise 23.21% to Rs 139.92 crore

Net profit of ICE Make Refrigeration rose 65.70% to Rs 14.30 crore in the quarter ended March 2024 as against Rs 8.63 crore during the previous quarter ended March 2023. Sales rose 23.21% to Rs 139.92 crore in the quarter ended March 2024 as against Rs 113.56 crore during the previous quarter ended March 2023.

For the full year,net profit rose 26.20% to Rs 26.25 crore in the year ended March 2024 as against Rs 20.80 crore during the previous year ended March 2023. Sales rose 21.19% to Rs 378.38 crore in the year ended March 2024 as against Rs 312.21 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales139.92113.56 23 378.38312.21 21 OPM %14.7910.70 -10.7710.28 - PBDT20.4012.69 61 39.2731.98 23 PBT19.3311.63 66 35.2028.08 25 NP14.308.63 66 26.2520.80 26

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