MOIL standalone net profit rises 12.60% in the March 2024 quarter

Sales decline 2.85% to Rs 415.88 crore

Net profit of MOIL rose 12.60% to Rs 91.15 crore in the quarter ended March 2024 as against Rs 80.95 crore during the previous quarter ended March 2023. Sales declined 2.85% to Rs 415.88 crore in the quarter ended March 2024 as against Rs 428.06 crore during the previous quarter ended March 2023.

For the full year,net profit rose 17.06% to Rs 293.34 crore in the year ended March 2024 as against Rs 250.59 crore during the previous year ended March 2023. Sales rose 8.03% to Rs 1449.42 crore in the year ended March 2024 as against Rs 1341.65 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales415.88428.06 -3 1449.421341.65 8 OPM %30.8430.96 -30.2027.51 - PBDT152.23152.51 0 531.25445.97 19 PBT112.96121.04 -7 387.00331.63 17 NP91.1580.95 13 293.34250.59 17

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