Results     22-May-23
Announcements
Banco Products (India) consolidated net profit rises 26.97% in the March 2023 quarter
Sales rise 20.71% to Rs 602.36 crore
Net profit of Banco Products (India) rose 26.97% to Rs 51.03 crore in the quarter ended March 2023 as against Rs 40.19 crore during the previous quarter ended March 2022. Sales rose 20.71% to Rs 602.36 crore in the quarter ended March 2023 as against Rs 499.00 crore during the previous quarter ended March 2022.

For the full year,net profit rose 54.56% to Rs 235.58 crore in the year ended March 2023 as against Rs 152.42 crore during the previous year ended March 2022. Sales rose 19.39% to Rs 2300.54 crore in the year ended March 2023 as against Rs 1926.91 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales602.36499.00 21 2300.541926.91 19
OPM %16.3115.98 -15.8314.10 -
PBDT94.0776.28 23 367.18271.63 35
PBT74.0952.51 41 310.83223.76 39
NP51.0340.19 27 235.58152.42 55

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