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Surat Trade & Merchantile Ltd

Surat Trade & Mercantile reports standalone net profit of Rs 1.91 crore in the March 2024 quarter

May 24,2024

Net profit of Surat Trade & Mercantile reported to Rs 1.91 crore in the quarter ended March 2024 as against net loss of Rs 1.00 crore during the previous quarter ended March 2023. Sales rose 10.66% to Rs 13.91 crore in the quarter ended March 2024 as against Rs 12.57 crore during the previous quarter ended March 2023.

For the full year,net profit declined 85.47% to Rs 9.07 crore in the year ended March 2024 as against Rs 62.42 crore during the previous year ended March 2023. Sales rose 142.43% to Rs 60.56 crore in the year ended March 2024 as against Rs 24.98 crore during the previous year ended March 2023.

Particulars	Quarter Ended			Year Ended
	Mar. 2024	Mar. 2023	% Var.	Mar. 2024	Mar. 2023	% Var.
Sales	13.91	12.57	11	60.56	24.98	142
OPM %	-12.72	-12.97	-	-9.28	-21.90	-
PBDT	2.88	0.77	274	13.79	4.15	232
PBT	2.79	0.66	323	13.47	3.74	260
NP	1.91	-1.00	LP	9.07	62.42	-85