Nirma standalone net profit declines 16.19% in the March 2024 quarter

Image
Last Updated : May 20 2024 | 5:52 PM IST

Sales decline 18.06% to Rs 1799.49 crore

Net profit of Nirma declined 16.19% to Rs 161.56 crore in the quarter ended March 2024 as against Rs 192.76 crore during the previous quarter ended March 2023. Sales declined 18.06% to Rs 1799.49 crore in the quarter ended March 2024 as against Rs 2196.19 crore during the previous quarter ended March 2023.

For the full year,net profit declined 43.11% to Rs 681.67 crore in the year ended March 2024 as against Rs 1198.17 crore during the previous year ended March 2023. Sales declined 15.10% to Rs 7267.66 crore in the year ended March 2024 as against Rs 8560.50 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales1799.492196.19 -18 7267.668560.50 -15 OPM %15.3816.46 -16.4023.67 - PBDT304.92402.02 -24 1204.531988.62 -39 PBT238.68309.29 -23 938.921612.88 -42 NP161.56192.76 -16 681.671198.17 -43

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 20 2024 | 5:32 PM IST

Next Story