Niraj Ispat Industries standalone net profit declines 48.39% in the March 2024 quarter

Sales decline 30.93% to Rs 0.67 crore

Net profit of Niraj Ispat Industries declined 48.39% to Rs 0.16 crore in the quarter ended March 2024 as against Rs 0.31 crore during the previous quarter ended March 2023. Sales declined 30.93% to Rs 0.67 crore in the quarter ended March 2024 as against Rs 0.97 crore during the previous quarter ended March 2023.

For the full year,net profit declined 51.50% to Rs 0.81 crore in the year ended March 2024 as against Rs 1.67 crore during the previous year ended March 2023. Sales declined 41.47% to Rs 3.26 crore in the year ended March 2024 as against Rs 5.57 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales0.670.97 -31 3.265.57 -41 OPM %5.9721.65 -14.4230.70 - PBDT0.260.45 -42 1.282.40 -47 PBT0.220.41 -46 1.112.23 -50 NP0.160.31 -48 0.811.67 -51

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