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Servotech Power Systems consolidated net profit declines 43.05% in the March 2024 quarter
10-May-24   09:21 Hrs IST

Net profit of Servotech Power Systems declined 43.05% to Rs 3.44 crore in the quarter ended March 2024 as against Rs 6.04 crore during the previous quarter ended March 2023. Sales rose 18.09% to Rs 136.17 crore in the quarter ended March 2024 as against Rs 115.31 crore during the previous quarter ended March 2023.

For the full year,net profit rose 6.52% to Rs 11.76 crore in the year ended March 2024 as against Rs 11.04 crore during the previous year ended March 2023. Sales rose 27.00% to Rs 353.68 crore in the year ended March 2024 as against Rs 278.48 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
?Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales136.17115.31 18 353.68278.48 27
OPM %4.093.79 -5.886.75 -
PBDT5.508.31 -34 19.2116.57 16
PBT4.657.73 -40 16.1714.44 12
NP3.446.04 -43 11.7611.04 7

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