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Seshasayee Paper & Boards consolidated net profit declines 51.70% in the March 2024 quarter

27-Apr-24 15:35 Hrs IST

Net profit of Seshasayee Paper & Boards declined 51.70% to Rs 56.84 crore in the quarter ended March 2024 as against Rs 117.67 crore during the previous quarter ended March 2023. Sales declined 5.89% to Rs 539.43 crore in the quarter ended March 2024 as against Rs 573.17 crore during the previous quarter ended March 2023.

For the full year,net profit declined 31.59% to Rs 270.77 crore in the year ended March 2024 as against Rs 395.83 crore during the previous year ended March 2023. Sales declined 13.49% to Rs 1801.83 crore in the year ended March 2024 as against Rs 2082.80 crore during the previous year ended March 2023.

Particulars	Quarter Ended			Year Ended
?	Mar. 2024	Mar. 2023	% Var.	Mar. 2024	Mar. 2023	% Var.
Sales	539.43	573.17	-6	1801.83	2082.80	-13
OPM %	12.56	27.36	-	18.87	25.64	-
PBDT	84.16	165.86	-49	400.70	570.77	-30
PBT	73.56	155.60	-53	356.85	525.48	-32
NP	56.84	117.67	-52	270.77	395.83	-32

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