X

Bedmutha Industries Ltd Q1FY24; 19% fall in Profits

Bedmutha Industries is a leading manufacturer & exporter of Wire Rope, Tyre Bead Wire, Galvanized Wires among other types of wires. It is also involved in EPC Projects and Consultancy division. The Co.’s products have use cases in several different industries like automotive, power, infrastructure, copper, retail, etc.

Financial Results:

Bedmutha Industries Ltd reported Revenues for Q1FY24 of ₹191.89 Crores up from ₹172.07 Crore year on year, a rise of 11.52%.

Total Expenses for Q1FY24 of ₹204.69 Crores up from ₹183.75 Crores year on year, a rise of 11.4%.

Consolidated Net Profit of ₹3.71 Crores down 19.35% from ₹4.60 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.15, down 19.58% from ₹1.43 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: copper
Related Post