Categories AlphaGraphs, Earnings

Craftsman Automation Ltd Q2FY25; 40% fall in Profits

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 Q2FY25 of ₹1,214.00 Crores up from ₹1,179.00 Crore year on year, a rise of 2.97%.

Total Expenses for Q2FY25 of ₹1,138.00 Crores up from ₹1,051.00 Crores year on year, a rise of 8.28%.

Consolidated Net Profit of ₹62.00 Crores down 40.38% from ₹104.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹25.86, down 42.21% from ₹44.75 in the same quarter of the previous year.

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