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Elecon Engineering Company Ltd Q4FY24; 47% rise in Profits

Elecon Engineering Company Ltd., incorporated in 1960. Company manufactures and sells power transmission and material handling equipment in India and internationally. In addition, it engages in the steel and non-ferrous foundry business.

Financial Results:

Elecon Engineering Company Ltd reported Revenues for Q4FY24 of ₹485.00 Crores up from ₹331.00 Crore year on year, a rise of 46.53%.

Total Expenses for Q4FY24 of ₹379.00 Crores up from ₹266.00 Crores year on year, a rise of 42.48%.

Consolidated Net Profit of ₹87.00 Crores up 47.46% from ₹59.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.75, up 46.50% from ₹5.29 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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