Kerala Financial Corporation standalone net profit rises 16.83% in the March 2024 quarter

Sales rise 10.33% to Rs 230.60 crore

Net profit of Kerala Financial Corporation rose 16.83% to Rs 63.10 crore in the quarter ended March 2024 as against Rs 54.01 crore during the previous quarter ended March 2023. Sales rose 10.33% to Rs 230.60 crore in the quarter ended March 2024 as against Rs 209.00 crore during the previous quarter ended March 2023.

For the full year,net profit rose 47.52% to Rs 74.04 crore in the year ended March 2024 as against Rs 50.19 crore during the previous year ended March 2023. Sales rose 22.74% to Rs 803.77 crore in the year ended March 2024 as against Rs 654.86 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales230.60209.00 10 803.77654.86 23 OPM %23.6632.29 -5.367.36 - PBDT73.1876.98 -5 108.0087.71 23 PBT73.1076.96 -5 106.5386.04 24 NP63.1054.01 17 74.0450.19 48

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