Latest News | Dollar Industries Net Profit Jumps to Rs 33 Crore in Jan-Mar

Kolkata, May 21 (PTI) Dollar Industries Ltd has reported a significant rise in net profit to Rs 33 crore in the quarter to March, compared with Rs 55 lakh in the corresponding period a year ago, owing to higher margins.

The company's total income during January-March grew 23 per cent to Rs 502 crore, while the EBITDA margin rose by 872 basis points, it said in a release.

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For the full financial year 2023-24, its year-on-year net profit increased by 71 per cent to Rs 90 crore.

The company also announced a dividend of Rs 3 per share.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)