Q4 results: Zodiac Energy Limited’s standalone net profit rises 253.42% to Rs 5.69 cr

• For the full year, Zodiac Energy net profit rose 243.89% to Rs 10.97 crore in the year ended March 2024 as against Rs 3.19 crore during the previous year ended March 2023

NE BUSINESS BUREAU

AHMEDABAD, MAY 19

Zodiac Energy Limited reported a whopping 253.42% rise in net profit to Rs 5.69 crore in the quarter ended March 2024 as against Rs 1.61 crore during the previous quarter ended March 2023. Sales rose 71.71% to Rs 106.63 crore in the quarter ended March 2024 as against Rs 62.10 crore during the previous quarter ended March 2023.

For the full year, Zodiac Energy net profit rose 243.89% to Rs 10.97 crore in the year ended March 2024 as against Rs 3.19 crore during the previous year ended March 2023. Sales rose 59.86% to Rs 220.06 crore in the year ended March 2024 as against Rs 137.66 crore during the previous year ended March 2023.

EBITDA stands at Rs. 9.12 crore in March 2024 up 142.55% from Rs. 3.76 crore in March 2023.

Zodiac Energy EPS has increased to Rs. 3.89 in March 2024 from Rs. 1.10 in March 2023.