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Dynamatic Technologies Ltd Q2FY24; 20% rise in Profits

Incorporated in 1973, DTL is into manufacturing of hydraulic gear pumps and automotive turbochargers. They serve clients across Aerospace, automotive and hydraulic industries.
DTL has manufacturing facilities in Europe and India serving customers across 6 continents.

Financial Results:

Dynamatic Technologies Ltd reported Revenues for Q2FY24 of ₹351.00 Crores up from ₹324.00 Crore year on year, a rise of 8.33%.

Total Expenses for Q2FY24 of ₹344.00 Crores up from ₹312.00 Crores year on year, a rise of 10.26%.

Consolidated Net Profit of ₹12.00 Crores up 20.0% from ₹10.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹19.08, up 20.53% from ₹15.83 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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