Net profit of Nikhil Adhesives rose 3.58% to Rs 3.76 crore in the quarter ended March 2024 as against Rs 3.63 crore during the previous quarter ended March 2023. Sales declined 7.88% to Rs 148.02 crore in the quarter ended March 2024 as against Rs 160.68 crore during the previous quarter ended March 2023.
For the full year,net profit declined 22.24% to Rs 13.25 crore in the year ended March 2024 as against Rs 17.04 crore during the previous year ended March 2023. Sales declined 24.11% to Rs 564.19 crore in the year ended March 2024 as against Rs 743.46 crore during the previous year ended March 2023.
| Particulars | Quarter Ended | Year Ended |
| | Mar. 2024 | Mar. 2023 | % Var. | Mar. 2024 | Mar. 2023 | % Var. |
| Sales | 148.02 | 160.68 | -8 | 564.19 | 743.46 | -24 |
| OPM % | 6.01 | 5.40 | - | 5.45 | 4.65 | - |
| PBDT | 6.90 | 6.90 | 0 | 24.15 | 28.76 | -16 |
| PBT | 5.14 | 5.52 | -7 | 17.92 | 23.55 | -24 |
| NP | 3.76 | 3.63 | 4 | 13.25 | 17.04 | -22 |