Net profit of Modern Threads (I) declined 53.06% to Rs 4.76 crore in the quarter ended March 2024 as against Rs 10.14 crore during the previous quarter ended March 2023. Sales rose 4.29% to Rs 74.57 crore in the quarter ended March 2024 as against Rs 71.50 crore during the previous quarter ended March 2023.
For the full year,net profit declined 88.12% to Rs 25.43 crore in the year ended March 2024 as against Rs 214.12 crore during the previous year ended March 2023. Sales declined 0.21% to Rs 300.49 crore in the year ended March 2024 as against Rs 301.11 crore during the previous year ended March 2023.
| Particulars | Quarter Ended | Year Ended |
| | Mar. 2024 | Mar. 2023 | % Var. | Mar. 2024 | Mar. 2023 | % Var. |
| Sales | 74.57 | 71.50 | 4 | 300.49 | 301.11 | 0 |
| OPM % | 7.55 | 13.41 | - | 9.83 | 9.27 | - |
| PBDT | 6.37 | 11.05 | -42 | 30.07 | 28.82 | 4 |
| PBT | 5.26 | 10.14 | -48 | 25.93 | 25.33 | 2 |
| NP | 4.76 | 10.14 | -53 | 25.43 | 214.12 | -88 |