Indian Hume Pipe Company standalone net profit rises 172.77% in the March 2024 quarter

Image
Last Updated : May 17 2024 | 9:04 AM IST

Sales decline 10.99% to Rs 404.28 crore

Net profit of Indian Hume Pipe Company rose 172.77% to Rs 43.67 crore in the quarter ended March 2024 as against Rs 16.01 crore during the previous quarter ended March 2023. Sales declined 10.99% to Rs 404.28 crore in the quarter ended March 2024 as against Rs 454.20 crore during the previous quarter ended March 2023.

For the full year,net profit rose 39.37% to Rs 77.63 crore in the year ended March 2024 as against Rs 55.70 crore during the previous year ended March 2023. Sales declined 10.00% to Rs 1388.63 crore in the year ended March 2024 as against Rs 1542.88 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales404.28454.20 -11 1388.631542.88 -10 OPM %18.329.21 -12.438.69 - PBDT61.6823.75 160 117.3887.91 34 PBT58.0719.89 192 103.4972.37 43 NP43.6716.01 173 77.6355.70 39

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 17 2024 | 7:27 AM IST

Next Story