X

Elgi Equipments Ltd Q1FY24; 22% rise in Profits

Incorporated in 1960, Elgi Equipments Limited along with its subsidiaries, is in the business of manufacturing and supplying Air Compressors & Automotive Equipments. It is also providing related after sales services

Financial Results:

Elgi Equipments Ltd reported Revenues for Q1FY24 of ₹724.00 Crores up from ₹694.00 Crore year on year, a rise of 4.32%.

Total Expenses for Q1FY24 of ₹659.00 Crores up from ₹638.00 Crores year on year, a rise of 3.29%.

Consolidated Net Profit of ₹60.00 Crores up 22.45% from ₹49.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.91, up 24.03% from ₹1.54 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.

Related Post