Stovec Industries standalone net profit declines 61.85% in the December 2024 quarter

Sales decline 3.36% to Rs 56.02 crore

Net profit of Stovec Industries declined 61.85% to Rs 1.53 crore in the quarter ended December 2024 as against Rs 4.01 crore during the previous quarter ended December 2023. Sales declined 3.36% to Rs 56.02 crore in the quarter ended December 2024 as against Rs 57.97 crore during the previous quarter ended December 2023.

For the full year,net profit rose 43.36% to Rs 12.96 crore in the year ended December 2024 as against Rs 9.04 crore during the previous year ended December 2023. Sales rose 13.18% to Rs 234.57 crore in the year ended December 2024 as against Rs 207.26 crore during the previous year ended December 2023.

 

ParticularsQuarter EndedYear EndedDec. 2024Dec. 2023% Var.Dec. 2024Dec. 2023% Var.Sales56.0257.97 -3 234.57207.26 13 OPM %6.009.99 -8.826.48 - PBDT4.016.78 -41 24.0217.78 35 PBT2.374.89 -52 17.4411.42 53 NP1.534.01 -62 12.969.04 43

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