N D Metal Industries standalone net profit declines 25.00% in the December 2024 quarter
New Delhi; ND Metal Industries has reported a 25% decrease in standalone net profit for the quarter ended December 2024. The company’s net profit stood at ₹0.06 crore, down from ₹0.08 crore in the corresponding quarter of the previous year. This decline is attributed to a 33.33% reduction in sales, which fell to ₹0.04 crore from ₹0.06 crore in the same period last year.
The operating profit margin (OPM) deteriorated to -350.00% in the December 2024 quarter, compared to -100.00% in December 2023. Profit before depreciation and tax (PBDT) decreased by 23%, amounting to ₹0.10 crore, down from ₹0.13 crore in the previous year. Profit before tax (PBT) also saw a decline of 33%, reaching ₹0.06 crore from ₹0.09 crore in the corresponding quarter of the previous year.
These financial results reflect the challenges faced by N D Metal Industries in maintaining its sales and profitability during the December 2024 quarter.