NIBE consolidated net profit rises 864.63% in the June 2024 quarter

Sales rise 326.59% to Rs 110.06 crore

Net profit of NIBE rose 864.63% to Rs 7.91 crore in the quarter ended June 2024 as against Rs 0.82 crore during the previous quarter ended June 2023. Sales rose 326.59% to Rs 110.06 crore in the quarter ended June 2024 as against Rs 25.80 crore during the previous quarter ended June 2023.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	110.06	25.80	327
OPM %	13.96	12.21	-
PBDT	14.85	2.50	494
PBT	10.94	1.45	654
NP	7.91	0.82	865

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