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Navkar Corporation standalone net profit declines 88.83% in the March 2023 quarter
May 29,2023
Net profit of Navkar Corporation declined 88.83% to Rs 3.35 crore in the quarter ended March 2023 as against Rs 29.99 crore during the previous quarter ended March 2022. Sales rose 4.05% to Rs 103.55 crore in the quarter ended March 2023 as against Rs 99.52 crore during the previous quarter ended March 2022.

For the full year,net profit rose 37.57% to Rs 92.49 crore in the year ended March 2023 as against Rs 67.23 crore during the previous year ended March 2022. Sales declined 2.56% to Rs 441.52 crore in the year ended March 2023 as against Rs 453.14 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales103.5599.52 4 441.52453.14 -3
OPM %17.0322.11 -19.6519.79 -
PBDT16.8320.88 -19 75.9572.60 5
PBT9.9711.18 -11 49.1644.80 10
NP3.3529.99 -89 92.4967.23 38