NILE consolidated net profit declines 29.04% in the March 2024 quarter

Sales decline 19.79% to Rs 174.12 crore

Net profit of NILE declined 29.04% to Rs 6.06 crore in the quarter ended March 2024 as against Rs 8.54 crore during the previous quarter ended March 2023. Sales declined 19.79% to Rs 174.12 crore in the quarter ended March 2024 as against Rs 217.08 crore during the previous quarter ended March 2023.

For the full year,net profit rose 38.06% to Rs 31.16 crore in the year ended March 2024 as against Rs 22.57 crore during the previous year ended March 2023. Sales rose 3.88% to Rs 837.62 crore in the year ended March 2024 as against Rs 806.32 crore during the previous year ended March 2023.

Particulars	Quarter Ended			Year Ended
?	Mar. 2024	Mar. 2023	% Var.	Mar. 2024	Mar. 2023	% Var.
Sales	174.12	217.08	-20	837.62	806.32	4
OPM %	5.35	6.04	-	5.50	4.44	-
PBDT	9.12	12.18	-25	45.11	33.15	36
PBT	8.33	11.47	-27	42.18	30.39	39
NP	6.06	8.54	-29	31.16	22.57	38

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