NIBE consolidated net profit declines 29.97% in the March 2025 quarter

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Sales decline 26.01% to Rs 112.59 crore
Net profit of NIBE declined 29.97% to Rs 7.64 crore in the quarter ended March 2025 as against Rs 10.91 crore during the previous quarter ended March 2024. Sales declined 26.01% to Rs 112.59 crore in the quarter ended March 2025 as against Rs 152.17 crore during the previous quarter ended March 2024.For the full year,net profit rose 40.61% to Rs 26.73 crore in the year ended March 2025 as against Rs 19.01 crore during the previous year ended March 2024. Sales rose 80.00% to Rs 507.32 crore in the year ended March 2025 as against Rs 281.84 crore during the previous year ended March 2024.
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First Published: May 30 2025 | 5:56 PM IST