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AKG Exim Ltd Q1FY24; 18% rise in Profits

It was incorporated at New Delhi as “Akg Exim Private Limited” on 26th July 2005. It was founded by Mr. Rajeev Goel and his brother Mr. Sanjeev Goel. Later, in FY18, it changes its name to “AKG Exim Limited”
It is an exporter of Indian and Thai Non-Basmati Rice in India and an Importer of Ferrous and Non-Ferrous Metal Scrap with clientele across the globe.

Financial Results:

AKG Exim Ltd reported Revenues for Q1FY24 of ₹56.09 Crores up from ₹46.31 Crore year on year, a rise of 21.12%.

Total Expenses for Q1FY24 of ₹55.66 Crores up from ₹45.88 Crores year on year, a rise of 21.32%.

Consolidated Net Profit of ₹0.46 Crores up 17.95% from ₹0.39 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.16, up 23.08% from ₹0.13 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.

Tags: EXIM
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