Company Description:
Eimco Elecon (India) Limited, incorporated in 1974, is in the business of Manufacturing and Marketing Equipment for Underground and Opencast mines. The Co is situated at Vallabh Vidyanagar, Gujarat. It was the first Co. to introduce the intermediate technology of Side Dump Loaders, Load Haul Dumpers and Rocker Shovel Loaders in India.
Financial Results:
Eimco Elecon (India) Ltd reported Revenues for Q1FY24 of ₹43.78 Crores up from ₹33.48 Crore year on year, a rise of 30.76%.
Total Expenses for Q1FY24 of ₹43.20 Crores up from ₹36.86 Crores year on year, a rise of 17.2%.
Consolidated Net Profit of ₹6.22 Crores from -₹1.28 Crores in the same quarter of the previous year.
The Earnings per Share is ₹10.78, from -₹2.22 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.