Earnings | Craftsman Automation Ltd. (NSE: CRAFTSMAN): Q4FY23 Results Out; Total Income rises 49% YoY.

Craftsman Automation Ltd. has emerged as a prominent player in precision manufacturing across various sectors. The company specializes in producing components and sub-assemblies based on client specifications in the automotive, industrial, and engineering domains. With its headquarters in Coimbatore, Craftsman Automation operates 12 plants, including 10 satellite units, spread across India. The company’s expertise lies in delivering customized solutions to meet the diverse needs of its clients. Through its commitment to precision manufacturing and customer satisfaction, Craftsman Automation has established itself as a leader in the industry.

• Craftsman Automation Ltd. reported Total Income for Q4 FY23 of ₹985 Crore up from ₹660 Crore year on year, a growth of 49%.
• Total Expenses for Q4 FY23 of ₹893 Crore up from ₹579 Crore year on year, a growth of 54%.
• Consolidated Net Profit of ₹80 Crore, up 57% from ₹51 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹36.67, up 50% from ₹24.36 in the same quarter of the previous year.