Kanakadurga Financial Services standalone net profit rises 6.48% in the March 2024 quarter

Sales rise 7.82% to Rs 33.22 crore

Net profit of Kanakadurga Financial Services rose 6.48% to Rs 2.30 crore in the quarter ended March 2024 as against Rs 2.16 crore during the previous quarter ended March 2023. Sales rose 7.82% to Rs 33.22 crore in the quarter ended March 2024 as against Rs 30.81 crore during the previous quarter ended March 2023.

For the full year,net profit rose 91.89% to Rs 7.10 crore in the year ended March 2024 as against Rs 3.70 crore during the previous year ended March 2023. Sales rose 7.49% to Rs 126.36 crore in the year ended March 2024 as against Rs 117.56 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales33.2230.81 8 126.36117.56 7 OPM %59.3661.86 -58.1454.36 - PBDT4.343.60 21 14.198.79 61 PBT3.213.19 1 9.655.25 84 NP2.302.16 6 7.103.70 92

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