Morganite Crucible (India) standalone net profit declines 64.82% in the March 2024 quarter

Sales rise 17.42% to Rs 39.90 crore

Net profit of Morganite Crucible (India) declined 64.82% to Rs 0.70 crore in the quarter ended March 2024 as against Rs 1.99 crore during the previous quarter ended March 2023. Sales rose 17.42% to Rs 39.90 crore in the quarter ended March 2024 as against Rs 33.98 crore during the previous quarter ended March 2023.

For the full year,net profit rose 45.72% to Rs 23.49 crore in the year ended March 2024 as against Rs 16.12 crore during the previous year ended March 2023. Sales rose 8.63% to Rs 167.93 crore in the year ended March 2024 as against Rs 154.59 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales39.9033.98 17 167.93154.59 9 OPM %14.1111.04 -22.9216.33 - PBDT6.615.39 23 44.4530.07 48 PBT4.523.36 35 36.0022.32 61 NP0.701.99 -65 23.4916.12 46

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