Net profit of Rico Auto Industries declined 40.15% to Rs 15.50 crore in the quarter ended March 2024 as against Rs 25.90 crore during the previous quarter ended March 2023. Sales declined 9.05% to Rs 548.41 crore in the quarter ended March 2024 as against Rs 602.98 crore during the previous quarter ended March 2023.
For the full year,net profit declined 24.84% to Rs 38.34 crore in the year ended March 2024 as against Rs 51.01 crore during the previous year ended March 2023. Sales declined 6.20% to Rs 2159.73 crore in the year ended March 2024 as against Rs 2302.37 crore during the previous year ended March 2023.
| Particulars | Quarter Ended | Year Ended |
| | Mar. 2024 | Mar. 2023 | % Var. | Mar. 2024 | Mar. 2023 | % Var. |
| Sales | 548.41 | 602.98 | -9 | 2159.73 | 2302.37 | -6 |
| OPM % | 10.77 | 11.09 | - | 10.28 | 9.62 | - |
| PBDT | 48.91 | 58.05 | -16 | 178.48 | 186.54 | -4 |
| PBT | 20.77 | 27.12 | -23 | 59.98 | 74.72 | -20 |
| NP | 15.50 | 25.90 | -40 | 38.34 | 51.01 | -25 |