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(31 May 2024, 11:18)

Credent Global Finance consolidated net profit declines 53.09% in the March 2024 quarter

Sales rise 442.86% to Rs 1.52 crore


Net profit of Credent Global Finance declined 53.09% to Rs 2.43 crore in the quarter ended March 2024 as against Rs 5.18 crore during the previous quarter ended March 2023. Sales rose 442.86% to Rs 1.52 crore in the quarter ended March 2024 as against Rs 0.28 crore during the previous quarter ended March 2023.

For the full year,net profit declined 80.12% to Rs 1.34 crore in the year ended March 2024 as against Rs 6.74 crore during the previous year ended March 2023. Sales rose 323.48% to Rs 4.87 crore in the year ended March 2024 as against Rs 1.15 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales1.520.28 443 4.871.15 323
OPM %92.763439.29 -64.071032.17 -
PBDT1.168.45 -86 1.1610.69 -89
PBT0.887.92 -89 0.1410.09 -99
NP2.435.18 -53 1.346.74 -80

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