Incorporated in 1959, PTL Enterprises Ltd became an associate company of Apollo Tyres Ltd (ATL) in 1995, when the tyres and tubes manufacturing facility of Premier Tyres in Kalamassery, Kerala was acquired by Apollo. This facility began commercial production in September 1962 and currently the plant is leased to Apollo tyres on a long-term basis.
Financial Results:
PTL Enterprises Ltd reported Revenues for Q1FY24 of ₹16.08 Crores same from ₹16.08 Crore year on year.
Total Expenses for Q1FY24 of ₹6.21 Crores up from ₹3.81 Crores year on year, a rise of 62.99%.
Consolidated Net Profit of ₹2.57 Crores down 56.88% from ₹5.96 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.19, down 57.78% from ₹0.45 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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