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Electrotherm (India) Ltd Q1FY24; 37% rise in Revenue

Electrotherm (India) Limited is engaged in the manufacturing of Induction Furnace, Casting Machines, Transformers, Sponge and Pig Iron, Transmission Line Towers, Battery Operated Vehicles, Services relating to Steel Melting and Other Capital equipment and others.

Financial Results:

Electrotherm (India) Ltd reported Revenues for Q1FY24 of ₹931.00 Crores up from ₹679.00 Crore year on year, a rise of 37.11%.

Total Expenses for Q1FY24 of ₹894.00 Crores up from ₹726.00 Crores year on year, a rise of 23.14%.

Consolidated Net Profit of ₹39.00 Crores from -₹45.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹30.36, from -₹35.10 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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