Kreon Finnancial Services standalone net profit declines 92.59% in the March 2024 quarter

Image
Last Updated : May 30 2024 | 9:06 AM IST

Sales rise 72.80% to Rs 4.32 crore

Net profit of Kreon Finnancial Services declined 92.59% to Rs 0.12 crore in the quarter ended March 2024 as against Rs 1.62 crore during the previous quarter ended March 2023. Sales rose 72.80% to Rs 4.32 crore in the quarter ended March 2024 as against Rs 2.50 crore during the previous quarter ended March 2023.

For the full year,net profit declined 86.46% to Rs 0.62 crore in the year ended March 2024 as against Rs 4.58 crore during the previous year ended March 2023. Sales rose 69.19% to Rs 15.21 crore in the year ended March 2024 as against Rs 8.99 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales4.322.50 73 15.218.99 69 OPM %17.3650.40 -15.9153.17 - PBDT0.491.21 -60 1.674.52 -63 PBT0.291.02 -72 0.963.98 -76 NP0.121.62 -93 0.624.58 -86

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 30 2024 | 7:34 AM IST

Next Story