Arihant Foundations & Housing Ltd
Arihant Foundations & Housing consolidated net profit declines 51.21% in the March 2023 quarter
May 31,2023
Net profit of Arihant Foundations & Housing declined 51.21% to Rs 2.02 crore in the quarter ended March 2023 as against Rs 4.14 crore during the previous quarter ended March 2022. Sales declined 50.20% to Rs 13.61 crore in the quarter ended March 2023 as against Rs 27.33 crore during the previous quarter ended March 2022.
For the full year,net profit reported to Rs 9.97 crore in the year ended March 2023 as against net loss of Rs 1.00 crore during the previous year ended March 2022. Sales declined 22.38% to Rs 64.27 crore in the year ended March 2023 as against Rs 82.80 crore during the previous year ended March 2022.
| Particulars | Quarter Ended | Year Ended |
| | Mar. 2023 | Mar. 2022 | % Var. | Mar. 2023 | Mar. 2022 | % Var. |
| Sales | 13.61 | 27.33 | -50 | 64.27 | 82.80 | -22 |
| OPM % | -19.10 | 19.25 | - | 20.99 | -4.11 | - |
| PBDT | 2.01 | 6.93 | -71 | 13.16 | -2.66 | LP |
| PBT | 1.95 | 6.82 | -71 | 12.84 | -3.01 | LP |
| NP | 2.02 | 4.14 | -51 | 9.97 | -1.00 | LP |