Net profit of Excel Industries declined 84.90% to Rs 2.83 crore in the quarter ended December 2023 as against Rs 18.74 crore during the previous quarter ended December 2022. Sales declined 19.15% to Rs 180.28 crore in the quarter ended December 2023 as against Rs 222.97 crore during the previous quarter ended December 2022.
| Particulars | Quarter Ended |
| | Dec. 2023 | Dec. 2022 | % Var. |
| Sales | 180.28 | 222.97 | -19 |
| OPM % | 0.97 | 12.61 | - |
| PBDT | 12.07 | 29.61 | -59 |
| PBT | 4.22 | 21.76 | -81 |
| NP | 2.83 | 18.74 | -85 |