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(11 May 2024, 07:33)

Birla Cable standalone net profit declines 88.73% in the March 2024 quarter

Sales decline 28.77% to Rs 174.72 crore


Net profit of Birla Cable declined 88.73% to Rs 1.46 crore in the quarter ended March 2024 as against Rs 12.96 crore during the previous quarter ended March 2023. Sales declined 28.77% to Rs 174.72 crore in the quarter ended March 2024 as against Rs 245.30 crore during the previous quarter ended March 2023.

For the full year,net profit declined 32.85% to Rs 22.49 crore in the year ended March 2024 as against Rs 33.49 crore during the previous year ended March 2023. Sales declined 13.47% to Rs 685.50 crore in the year ended March 2024 as against Rs 792.20 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales174.72245.30 -29 685.50792.20 -13
OPM %4.049.19 -5.958.02 -
PBDT4.7920.05 -76 40.9255.15 -26
PBT2.0217.35 -88 30.1344.52 -32
NP1.4612.96 -89 22.4933.49 -33

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