Mohite Industries consolidated net profit declines 91.58% in the March 2024 quarter

Sales rise 101.73% to Rs 61.89 crore

Net profit of Mohite Industries declined 91.58% to Rs 0.33 crore in the quarter ended March 2024 as against Rs 3.92 crore during the previous quarter ended March 2023. Sales rose 101.73% to Rs 61.89 crore in the quarter ended March 2024 as against Rs 30.68 crore during the previous quarter ended March 2023.

For the full year,net profit declined 64.87% to Rs 2.35 crore in the year ended March 2024 as against Rs 6.69 crore during the previous year ended March 2023. Sales rose 48.07% to Rs 125.00 crore in the year ended March 2024 as against Rs 84.42 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales61.8930.68 102 125.0084.42 48 OPM %10.7334.78 -15.4825.40 - PBDT4.858.41 -42 10.0914.71 -31 PBT0.584.53 -87 2.597.30 -65 NP0.333.92 -92 2.356.69 -65

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