Results     17-May-23
Announcements
Hitech Corporation standalone net profit rises 5.76% in the March 2023 quarter
Sales decline 14.37% to Rs 128.49 crore
Net profit of Hitech Corporation rose 5.76% to Rs 8.82 crore in the quarter ended March 2023 as against Rs 8.34 crore during the previous quarter ended March 2022. Sales declined 14.37% to Rs 128.49 crore in the quarter ended March 2023 as against Rs 150.05 crore during the previous quarter ended March 2022.

For the full year,net profit declined 24.25% to Rs 28.33 crore in the year ended March 2023 as against Rs 37.40 crore during the previous year ended March 2022. Sales declined 5.06% to Rs 558.67 crore in the year ended March 2023 as against Rs 588.46 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales128.49150.05 -14 558.67588.46 -5
OPM %12.8414.83 -13.2814.58 -
PBDT14.3218.89 -24 62.1570.46 -12
PBT7.3611.59 -36 33.5540.45 -17
NP8.828.34 6 28.3337.40 -24

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