SPV Global Reports 1.55% YoY Decrease in Consolidated Net Sales for March 2023

SPV Global’s Consolidated Net Sales in March 2023 Decline by 1.55% YoY, Amounting to Rs. 152.79 Crore

In March 2023, SPV Global reported a decrease in their consolidated net sales. The sales figure reached Rs. 152.79 crore, showing a decline of 1.55% compared to March 2022 when it was Rs. 155.20 crore.

However, there was positive news regarding the quarterly net profit. In March 2023, the company recorded a net profit of Rs. 10.06 crore, which reflects a significant increase of 65.75% from March 2022 when it was Rs. 6.07 crore.

The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for March 2023 stood at Rs. 28.80 crore, displaying an impressive growth of 113.18% from March 2022 when it was Rs. 13.51 crore.

On the other hand, the earnings per share (EPS) of SPV Global decreased to Rs. 100.24 in March 2023 from Rs. 497.20 in March 2022.

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