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Sales decline 3.36% to Rs 56.02 crore
Stovec Industries standalone net profit declines 61.85% in the December 2024 quarter
13-Feb-2025, 07:55
Net profit of Stovec Industries declined 61.85% to Rs 1.53 crore in the quarter ended December 2024 as against Rs 4.01 crore during the previous quarter ended December 2023. Sales declined 3.36% to Rs 56.02 crore in the quarter ended December 2024 as against Rs 57.97 crore during the previous quarter ended December 2023.
Net profit of Stovec Industries declined 61.85% to Rs 1.53 crore in the quarter ended December 2024 as against Rs 4.01 crore during the previous quarter ended December 2023. Sales declined 3.36% to Rs 56.02 crore in the quarter ended December 2024 as against Rs 57.97 crore during the previous quarter ended December 2023.
For the full year,net profit rose 43.36% to Rs 12.96 crore in the year ended December 2024 as against Rs 9.04 crore during the previous year ended December 2023. Sales rose 13.18% to Rs 234.57 crore in the year ended December 2024 as against Rs 207.26 crore during the previous year ended December 2023.
| Particulars | Quarter Ended | Year Ended | ||||
| Dec. 2024 | Dec. 2023 | % Var. | Dec. 2024 | Dec. 2023 | % Var. | |
| Sales | 56.02 | 57.97 | -3 | 234.57 | 207.26 | 13 |
| OPM % | 6.00 | 9.99 | - | 8.82 | 6.48 | - |
| PBDT | 4.01 | 6.78 | -41 | 24.02 | 17.78 | 35 |
| PBT | 2.37 | 4.89 | -52 | 17.44 | 11.42 | 53 |
| NP | 1.53 | 4.01 | -62 | 12.96 | 9.04 | 43 |
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