New Delhi: Power trading solutions provider India on Friday reported a nearly 30 per cent decline in consolidated net profit at Rs 91.11 crore in the March quarter.
Consolidated profit after tax (PAT) in FY2024 was Rs 533.16 crore, while it was Rs 507.15 crore in FY2023, the company said in a statement.
"Consolidated PAT in Q4FY24 stood at Rs 91.11 crore, as against Rs 129.34 crore in Q4FY23," it said.
The company said its total volumes grew by 10 per cent in the quarter under review to 18.02 billion units (BU) from 16.39 BU in the year-ago period.
The total quantity for 2023-24 increased to 74.84 BU from 70.61 BU last year, showing an increase of 6 per cent.
"The board of directors has recommended a dividend of Rs 7.80 per equity share for FY2024 reiterating its confidence in the future business prospects and business model," India Chairman and Managing Director Rajib K Mishra said in the statement.
Consolidated profit after tax (PAT) in FY2024 was Rs 533.16 crore, while it was Rs 507.15 crore in FY2023, the company said in a statement.
"Consolidated PAT in Q4FY24 stood at Rs 91.11 crore, as against Rs 129.34 crore in Q4FY23," it said.
The company said its total volumes grew by 10 per cent in the quarter under review to 18.02 billion units (BU) from 16.39 BU in the year-ago period.
The total quantity for 2023-24 increased to 74.84 BU from 70.61 BU last year, showing an increase of 6 per cent.
"The board of directors has recommended a dividend of Rs 7.80 per equity share for FY2024 reiterating its confidence in the future business prospects and business model," India Chairman and Managing Director Rajib K Mishra said in the statement.
