Net profit of Excel Industries declined 85.65% to Rs 2.68 crore in the quarter ended December 2023 as against Rs 18.68 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 % | 0.76 | 12.56 | - |
| PBDT | 11.94 | 29.54 | -60 |
| PBT | 4.09 | 21.69 | -81 |
| NP | 2.68 | 18.68 | -86 |