Ponni Sugars (Erode) standalone net profit rises 98.54% in the March 2024 quarter

Image
Last Updated : Apr 26 2024 | 2:50 PM IST

Sales decline 28.30% to Rs 71.31 crore

Net profit of Ponni Sugars (Erode) rose 98.54% to Rs 13.56 crore in the quarter ended March 2024 as against Rs 6.83 crore during the previous quarter ended March 2023. Sales declined 28.30% to Rs 71.31 crore in the quarter ended March 2024 as against Rs 99.46 crore during the previous quarter ended March 2023.

For the full year,net profit rose 22.22% to Rs 46.86 crore in the year ended March 2024 as against Rs 38.34 crore during the previous year ended March 2023. Sales declined 3.24% to Rs 421.31 crore in the year ended March 2024 as against Rs 435.43 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales71.3199.46 -28 421.31435.43 -3 OPM %14.0010.73 -10.229.30 - PBDT13.9512.17 15 60.6055.20 10 PBT11.6510.29 13 51.8947.62 9 NP13.566.83 99 46.8638.34 22

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: Apr 26 2024 | 2:30 PM IST

Next Story