Pioneer Embroideries consolidated net profit rises 123.01% in the March 2024 quarter

Image
Last Updated : May 28 2024 | 12:16 PM IST

Sales rise 27.60% to Rs 94.50 crore

Net profit of Pioneer Embroideries rose 123.01% to Rs 2.52 crore in the quarter ended March 2024 as against Rs 1.13 crore during the previous quarter ended March 2023. Sales rose 27.60% to Rs 94.50 crore in the quarter ended March 2024 as against Rs 74.06 crore during the previous quarter ended March 2023.

For the full year,net profit declined 56.24% to Rs 3.72 crore in the year ended March 2024 as against Rs 8.50 crore during the previous year ended March 2023. Sales rose 13.37% to Rs 334.33 crore in the year ended March 2024 as against Rs 294.89 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales94.5074.06 28 334.33294.89 13 OPM %7.826.29 -6.603.98 - PBDT6.774.02 68 16.7911.23 50 PBT2.801.87 50 4.252.77 53 NP2.521.13 123 3.728.50 -56

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 28 2024 | 12:05 PM IST

Next Story