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Oswal Minerals standalone net profit declines 14.75% in the March 2023 quarter

07-Jun-23 07:38 Hrs IST

Net profit of Oswal Minerals declined 14.75% to Rs 13.24 crore in the quarter ended March 2023 as against Rs 15.53 crore during the previous quarter ended March 2022. Sales declined 22.47% to Rs 685.13 crore in the quarter ended March 2023 as against Rs 883.67 crore during the previous quarter ended March 2022.

For the full year,net profit declined 45.88% to Rs 26.54 crore in the year ended March 2023 as against Rs 49.04 crore during the previous year ended March 2022. Sales declined 9.14% to Rs 2997.26 crore in the year ended March 2023 as against Rs 3298.64 crore during the previous year ended March 2022.

Particulars	Quarter Ended			Year Ended
?	Mar. 2023	Mar. 2022	% Var.	Mar. 2023	Mar. 2022	% Var.
Sales	685.13	883.67	-22	2997.26	3298.64	-9
OPM %	2.59	3.67	-	1.18	2.77	-
PBDT	17.72	21.47	-17	35.41	66.60	-47
PBT	17.72	21.37	-17	35.41	66.15	-46
NP	13.24	15.53	-15	26.54	49.04	-46