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(13 May 2024, 16:00)

Electrosteel Castings consolidated net profit rises 153.92% in the March 2024 quarter

Sales rise 7.04% to Rs 2004.26 crore


Net profit of Electrosteel Castings rose 153.92% to Rs 227.08 crore in the quarter ended March 2024 as against Rs 89.43 crore during the previous quarter ended March 2023. Sales rose 7.04% to Rs 2004.26 crore in the quarter ended March 2024 as against Rs 1872.37 crore during the previous quarter ended March 2023.

For the full year,net profit rose 134.29% to Rs 739.89 crore in the year ended March 2024 as against Rs 315.80 crore during the previous year ended March 2023. Sales rose 2.78% to Rs 7478.01 crore in the year ended March 2024 as against Rs 7275.51 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales2004.261872.37 7 7478.017275.51 3
OPM %15.5310.29 -15.7610.14 -
PBDT294.07151.75 94 1061.83536.60 98
PBT259.82121.08 115 937.30415.40 126
NP227.0889.43 154 739.89315.80 134

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