Mohindra Fasteners standalone net profit rises 4.33% in the March 2024 quarter

Sales decline 8.11% to Rs 51.07 crore

Net profit of Mohindra Fasteners rose 4.33% to Rs 5.54 crore in the quarter ended March 2024 as against Rs 5.31 crore during the previous quarter ended March 2023. Sales declined 8.11% to Rs 51.07 crore in the quarter ended March 2024 as against Rs 55.58 crore during the previous quarter ended March 2023.

For the full year,net profit rose 3.99% to Rs 15.90 crore in the year ended March 2024 as against Rs 15.29 crore during the previous year ended March 2023. Sales rose 3.10% to Rs 177.45 crore in the year ended March 2024 as against Rs 172.11 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales51.0755.58 -8 177.45172.11 3 OPM %18.1113.82 -15.1413.19 - PBDT9.408.69 8 27.3524.51 12 PBT7.796.88 13 21.6820.27 7 NP5.545.31 4 15.9015.29 4

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