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(06 May 2024, 16:52)

GHCL consolidated net profit declines 44.89% in the March 2024 quarter

Sales decline 26.47% to Rs 823.38 crore


Net profit of GHCL declined 44.89% to Rs 124.86 crore in the quarter ended March 2024 as against Rs 226.55 crore during the previous quarter ended March 2023. Sales declined 26.47% to Rs 823.38 crore in the quarter ended March 2024 as against Rs 1119.80 crore during the previous quarter ended March 2023.

For the full year,net profit declined 30.46% to Rs 793.90 crore in the year ended March 2024 as against Rs 1141.57 crore during the previous year ended March 2023. Sales declined 24.27% to Rs 3446.54 crore in the year ended March 2024 as against Rs 4550.89 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales823.381119.80 -26 3446.544550.89 -24
OPM %22.4031.13 -24.5932.63 -
PBDT195.71360.28 -46 874.271481.49 -41
PBT169.74333.51 -49 772.171387.27 -44
NP124.86226.55 -45 793.901141.57 -30

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