Modern Threads (I) standalone net profit declines 97.58% in the June 2024 quarter

Net profit of Modern Threads (I) declined 97.58% to Rs 0.18 crore in the quarter ended June 2024 as against Rs 7.43 crore during the previous quarter ended June 2023. Sales declined 20.76% to Rs 58.05 crore in the quarter ended June 2024 as against Rs 73.26 crore during the previous quarter ended June 2023.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	58.05	73.26	-21
OPM %	2.91	11.60	-
PBDT	1.88	8.38	-78
PBT	0.80	7.43	-89
NP	0.18	7.43	-98