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Excel Industries consolidated net profit declines 76.01% in the December 2022 quarter

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Capital Market

Sales decline 36.39% to Rs 222.97 crore

Net profit of Excel Industries declined 76.01% to Rs 18.68 crore in the quarter ended December 2022 as against Rs 77.85 crore during the previous quarter ended December 2021. Sales declined 36.39% to Rs 222.97 crore in the quarter ended December 2022 as against Rs 350.52 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales222.97350.52 -36 OPM %12.5629.30 -PBDT29.54110.40 -73 PBT21.69102.19 -79 NP18.6877.85 -76

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First Published: Feb 11 2023 | 7:36 AM IST

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