West Coast Paper Mills consolidated net profit declines 56.95% in the March 2024 quarter

Sales decline 21.17% to Rs 1070.10 crore

Net profit of West Coast Paper Mills declined 56.95% to Rs 119.79 crore in the quarter ended March 2024 as against Rs 278.23 crore during the previous quarter ended March 2023. Sales declined 21.17% to Rs 1070.10 crore in the quarter ended March 2024 as against Rs 1357.48 crore during the previous quarter ended March 2023.

For the full year,net profit declined 26.54% to Rs 692.01 crore in the year ended March 2024 as against Rs 941.98 crore during the previous year ended March 2023. Sales declined 9.61% to Rs 4447.68 crore in the year ended March 2024 as against Rs 4920.76 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales1070.101357.48 -21 4447.684920.76 -10 OPM %15.8536.28 -24.5533.37 - PBDT222.58507.79 -56 1238.391682.68 -26 PBT173.58459.83 -62 1053.291493.21 -29 NP119.79278.23 -57 692.01941.98 -27

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