Craftsman Automation started the journey in the year 1986 as a small scale industry in the southern Indian city of Coimbatore, has grown to become a leader in precision manufacturing in diverse fields.
The co. manufactures several components and sub-assemblies on a supply and job-work basis according to client specifications in the automotive, industrial, and engineering segments. Headquartered in Coimbatore with 12 plants including 10 satellite units across India.
Financial Results:
Craftsman Automation Ltd reported Revenues for Q2FY24 of ₹1,179.00 Crores up from ₹776.00 Crore year on year, a rise of 51.93%.
Total Expenses for Q2FY24 of ₹1,051.00 Crores up from ₹682.00 Crores year on year, a rise of 54.11%.
Consolidated Net Profit of ₹104.00 Crores up 67.74% from ₹62.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹44.75, up 51.34% from ₹29.57 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.
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