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Ador Welding Ltd Q2FY24; 100% rise in Profits

Ador Welding Ltd is a leading player in the field of Welding Products, Technologies and Services. It is also engaged in providing customized solutions for multi-disciplinary projects and contracts related to refineries, oil and gas, petrochemicals and other sectors.

Financial Results:

Ador Welding Ltd reported Revenues for Q2FY24 of ₹226.00 Crores up from ₹185.00 Crore year on year, a rise of 22.16%.

Total Expenses for Q2FY24 of ₹203.00 Crores up from ₹173.00 Crores year on year, a rise of 17.34%.

Consolidated Net Profit of ₹20.00 Crores up 100.0% from ₹10.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹14.40, up 96.19% from ₹7.34 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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