X

Bharat Bijlee Ltd Q1FY24; 56% rise in Profits.

Company Description:

Established in 1946, Bharat Bijlee is a leading electrical engineering company in India engaged in manufacturing of transformers, electric motors, elevator systems, drives and automation. It also provides turnkey solutions for EHV switchyards, HV and MV substations, Electrical Balance of Plant, etc.

Financial Results:

Bharat Bijlee Ltd reported Revenues for Q1FY24 of ₹441.00 Crores up from ₹277.00 Crore year on year, a rise of 59.21%.

Total Expenses for Q1FY24 of ₹417.00 Crores up from ₹263.00 Crores year on year, a rise of 58.56%.

Consolidated Net Profit of ₹25.00 Crores up 56.25% from ₹16.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹44.82, up 55.14% from ₹28.89 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.

Categories: Earnings
Related Post