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Alicon Castalloy Ltd Q2FY24; 1% rise in Revenue

Alicon Castalloy manufactures aluminium castings including cylinder heads, support brackets, intake manifolds, crankshafts, and engine brackets for the auto industry. It has a presence in 18 countries and is a part of Alicon Group.
The co. was established as Enkei Castalloy Ltd, a joint venture between Pegasus Castalloy Ltd and Enkei Corporation (now Alicon Castalloy), in Japan; one of the largest manufacturers of alloy wheels in the world.

Financial Results:

Alicon Castalloy Ltd reported Revenues for Q2FY24 of ₹381.00 Crores up from ₹377.00 Crore year on year, a rise of 1.06%.

Total Expenses for Q2FY24 of ₹363.00 Crores up from ₹357.00 Crores year on year, a rise of 1.68%.

Consolidated Net Profit of ₹15.00 Crores from ₹15.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.01, down 5.36% from ₹9.52 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: Automobile
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