Results     31-May-23
Announcements
Akar Auto Industries standalone net profit rises 34.13% in the March 2023 quarter
Sales rise 17.14% to Rs 101.68 crore
Net profit of Akar Auto Industries rose 34.13% to Rs 2.79 crore in the quarter ended March 2023 as against Rs 2.08 crore during the previous quarter ended March 2022. Sales rose 17.14% to Rs 101.68 crore in the quarter ended March 2023 as against Rs 86.80 crore during the previous quarter ended March 2022.

For the full year,net profit remain constant at Rs 6.88 crore in the year ended March 2023 and also during the previous year ended March 2022. Sales rose 36.60% to Rs 367.07 crore in the year ended March 2023 as against Rs 268.72 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales101.6886.80 17 367.07268.72 37
OPM %6.696.68 -6.057.14 -
PBDT3.564.01 -11 12.3411.77 5
PBT2.512.99 -16 8.297.34 13
NP2.792.08 34 6.886.88 0

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