Magadh Sugar & Energy standalone net profit rises 33.75% in the March 2024 quarter

Sales decline 3.49% to Rs 288.12 crore

Net profit of Magadh Sugar & Energy rose 33.75% to Rs 46.88 crore in the quarter ended March 2024 as against Rs 35.05 crore during the previous quarter ended March 2023. Sales declined 3.49% to Rs 288.12 crore in the quarter ended March 2024 as against Rs 298.55 crore during the previous quarter ended March 2023.

For the full year,net profit rose 131.62% to Rs 116.41 crore in the year ended March 2024 as against Rs 50.26 crore during the previous year ended March 2023. Sales rose 15.02% to Rs 1096.58 crore in the year ended March 2024 as against Rs 953.42 crore during the previous year ended March 2023.

Particulars	Quarter Ended			Year Ended
?	Mar. 2024	Mar. 2023	% Var.	Mar. 2024	Mar. 2023	% Var.
Sales	288.12	298.55	-3	1096.58	953.42	15
OPM %	27.91	22.79	-	19.43	13.72	-
PBDT	69.58	59.64	17	182.03	102.28	78
PBT	63.14	53.35	18	156.60	77.09	103
NP	46.88	35.05	34	116.41	50.26	132

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