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Sales decline 91.00% to Rs 1.77 crore

Garnet International reports consolidated net profit of Rs 0.38 crore in the March 2025 quarter

31-May-2025, 11:16
Net profit of Garnet International reported to Rs 0.38 crore in the quarter ended March 2025 as against net loss of Rs 4.86 crore during the previous quarter ended March 2024. Sales declined 91.00% to Rs 1.77 crore in the quarter ended March 2025 as against Rs 19.67 crore during the previous quarter ended March 2024.

For the full year,net profit reported to Rs 1.52 crore in the year ended March 2025 as against net loss of Rs 5.99 crore during the previous year ended March 2024. Sales declined 57.06% to Rs 8.73 crore in the year ended March 2025 as against Rs 20.33 crore during the previous year ended March 2024.

Particulars	Quarter Ended			Year Ended
	Mar. 2025	Mar. 2024	% Var.	Mar. 2025	Mar. 2024	% Var.
Sales	1.77	19.67	-91	8.73	20.33	-57
OPM %	10.73	-1.83	-	2.29	-6.54	-
PBDT	0.40	0.45	-11	1.55	-0.52	LP
PBT	0.40	0.45	-11	1.55	-0.52	LP
NP	0.38	-4.86	LP	1.52	-5.99	LP