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Bharat Wire Ropes Ltd Q2FY24; 60% rise in Profits

Bharat Wire Ropes Limited is engaged in the business of manufacturing Steel Wire, Wire Ropes, Strands and Slings.

Financial Results:

Bharat Wire Ropes Ltd reported Revenues for Q2FY24 of ₹159.00 Crores up from ₹150.00 Crore year on year, a rise of 6.0%.

Total Expenses for Q2FY24 of ₹126.00 Crores down from ₹128.00 Crores year on year, a fall of 1.56%.

Consolidated Net Profit of ₹24.00 Crores up 60.0% from ₹15.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.60, up 50.63% from ₹2.39 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: Wires
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