Axita Cotton standalone net profit declines 11.61% in the March 2024 quarter

Sales rise 80.98% to Rs 221.03 crore

Net profit of Axita Cotton declined 11.61% to Rs 4.95 crore in the quarter ended March 2024 as against Rs 5.60 crore during the previous quarter ended March 2023. Sales rose 80.98% to Rs 221.03 crore in the quarter ended March 2024 as against Rs 122.13 crore during the previous quarter ended March 2023.

For the full year,net profit rose 19.37% to Rs 20.34 crore in the year ended March 2024 as against Rs 17.04 crore during the previous year ended March 2023. Sales rose 101.07% to Rs 1102.01 crore in the year ended March 2024 as against Rs 548.06 crore during the previous year ended March 2023.

Particulars	Quarter Ended			Year Ended
?	Mar. 2024	Mar. 2023	% Var.	Mar. 2024	Mar. 2023	% Var.
Sales	221.03	122.13	81	1102.01	548.06	101
OPM %	3.28	6.09	-	2.45	4.15	-
PBDT	7.04	7.78	-10	28.56	23.93	19
PBT	6.69	7.46	-10	27.30	22.87	19
NP	4.95	5.60	-12	20.34	17.04	19

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