Banco Products (India) Ltd Q2FY25; 111% rise in Profits

Banco Products (India) Ltd Q2FY25; 111% rise in Profits

Banco Products (India) Ltd manufactures and supplies engine cooling modules and systems for automotive and industrial applications in both the domestic and international markets. It was Incorporated in 1961, promoted by Mr. Mehul K. Patel who has more than 40 years of experience in the automotive industry

Financial Results:

Banco Products (India) Ltd reported Revenues for Q2FY25 of ₹895.00 Crores up from ₹725.00 Crore year on year, a rise of 23.45%.

Total Expenses for Q2FY25 of ₹714.00 Crores up from ₹624.00 Crores year on year, a rise of 14.42%.

Consolidated Net Profit of ₹139.00 Crores up 110.61% from ₹66.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.70, up 109.96% from ₹4.62 in the same quarter of the previous year.

Tags: automotive
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