Results     24-May-23
Announcements
NIBE standalone net profit declines 24.92% in the March 2023 quarter
Sales rise 662.18% to Rs 62.27 crore
Net profit of NIBE declined 24.92% to Rs 2.35 crore in the quarter ended March 2023 as against Rs 3.13 crore during the previous quarter ended March 2022. Sales rose 662.18% to Rs 62.27 crore in the quarter ended March 2023 as against Rs 8.17 crore during the previous quarter ended March 2022.

For the full year,net profit reported to Rs 4.57 crore in the year ended March 2023 as against net loss of Rs 0.45 crore during the previous year ended March 2022. Sales rose 394.11% to Rs 104.95 crore in the year ended March 2023 as against Rs 21.24 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales62.278.17 662 104.9521.24 394
OPM %7.6038.68 -11.3211.02 -
PBDT4.064.07 0 9.782.54 285
PBT3.083.26 -6 6.27-0.34 LP
NP2.353.13 -25 4.57-0.45 LP

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