Results     28-May-24
Announcements
NIBE reports consolidated net profit of Rs 10.91 crore in the March 2024 quarter
Sales rise 143.01% to Rs 152.17 crore
Net profit of NIBE reported to Rs 10.91 crore in the quarter ended March 2024 as against net loss of Rs 0.45 crore during the previous quarter ended March 2023. Sales rose 143.01% to Rs 152.17 crore in the quarter ended March 2024 as against Rs 62.62 crore during the previous quarter ended March 2023.

For the full year,net profit rose 1110.83% to Rs 19.01 crore in the year ended March 2024 as against Rs 1.57 crore during the previous year ended March 2023. Sales rose 167.65% to Rs 281.84 crore in the year ended March 2024 as against Rs 105.30 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales152.1762.62 143 281.84105.30 168
OPM %12.637.59 -12.6411.30 -
PBDT18.024.01 349 32.269.72 232
PBT15.013.01 399 25.986.19 320
NP10.91-0.45 LP 19.011.57 1111

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