The compnay’s net sales decreased by 4.86% year on year (YoY) to Rs 234.23 crore in the quarter ended 31 March 2024.
Profit before tax stood at Rs 43.56 crore during the fourth quarter, down 11.45% from Rs 49.19 crore posted in corresponding quarter previous year.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) de-grew by 16.5% YoY to Rs 35.8 crore during the quarter under review. EBITDA margin reduced to 15.3% in Q4 FY24 as compared with 17.4% recorded in Q4 FY23.
Total expenses shed 1.06% YoY to Rs 208.08 crore during the quarter. Advertisement & sales promotion expenses stood at Rs 39.6 crore (down 3% YoY) while employees cost was at Rs 26.1 (up 19.8% YoY) in Q4 FY24.
On full year basis, the company’s consolidated net profit increased 11.64% to R...
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