Visaka Industries consolidated net profit declines 73.50% in the March 2024 quarter

Sales decline 12.48% to Rs 396.03 crore

Net profit of Visaka Industries declined 73.50% to Rs 1.15 crore in the quarter ended March 2024 as against Rs 4.34 crore during the previous quarter ended March 2023. Sales declined 12.48% to Rs 396.03 crore in the quarter ended March 2024 as against Rs 452.49 crore during the previous quarter ended March 2023.

For the full year,net profit declined 98.40% to Rs 0.86 crore in the year ended March 2024 as against Rs 53.59 crore during the previous year ended March 2023. Sales declined 7.67% to Rs 1526.59 crore in the year ended March 2024 as against Rs 1653.43 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales396.03452.49 -12 1526.591653.43 -8 OPM %6.175.52 -5.758.39 - PBDT18.7319.87 -6 61.94126.99 -51 PBT1.936.67 -71 2.9976.78 -96 NP1.154.34 -74 0.8653.59 -98

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