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Rajn&ini Metal Ltd

Rajnandini Metal standalone net profit declines 91.34% in the March 2024 quarter

May 11,2024

Net profit of Rajnandini Metal declined 91.34% to Rs 0.29 crore in the quarter ended March 2024 as against Rs 3.35 crore during the previous quarter ended March 2023. Sales declined 5.85% to Rs 315.80 crore in the quarter ended March 2024 as against Rs 335.41 crore during the previous quarter ended March 2023.

For the full year,net profit rose 11.40% to Rs 15.24 crore in the year ended March 2024 as against Rs 13.68 crore during the previous year ended March 2023. Sales rose 17.84% to Rs 1212.43 crore in the year ended March 2024 as against Rs 1028.88 crore during the previous year ended March 2023.

Particulars	Quarter Ended			Year Ended
	Mar. 2024	Mar. 2023	% Var.	Mar. 2024	Mar. 2023	% Var.
Sales	315.80	335.41	-6	1212.43	1028.88	18
OPM %	0.35	1.58	-	1.77	1.89	-
PBDT	0.81	5.55	-85	18.59	22.31	-17
PBT	0.50	5.25	-90	17.38	21.12	-18
NP	0.29	3.35	-91	15.24	13.68	11