Net profit of IVP declined 44.50% to Rs 4.74 crore in the quarter ended March 2024 as against Rs 8.54 crore during the previous quarter ended March 2023. Sales declined 18.93% to Rs 142.23 crore in the quarter ended March 2024 as against Rs 175.45 crore during the previous quarter ended March 2023.
For the full year,net profit declined 56.17% to Rs 12.28 crore in the year ended March 2024 as against Rs 28.02 crore during the previous year ended March 2023. Sales declined 17.38% to Rs 546.10 crore in the year ended March 2024 as against Rs 660.95 crore during the previous year ended March 2023.
| Particulars | Quarter Ended | Year Ended |
| | Mar. 2024 | Mar. 2023 | % Var. | Mar. 2024 | Mar. 2023 | % Var. |
| Sales | 142.23 | 175.45 | -19 | 546.10 | 660.95 | -17 |
| OPM % | 6.21 | 8.45 | - | 5.10 | 6.00 | - |
| PBDT | 7.81 | 12.71 | -39 | 22.17 | 30.25 | -27 |
| PBT | 6.41 | 11.42 | -44 | 16.63 | 25.05 | -34 |
| NP | 4.74 | 8.54 | -44 | 12.28 | 28.02 | -56 |