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Elgi Equipments Ltd Q2FY24; 26% 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 Q2FY24 of ₹806.00 Crores up from ₹739.00 Crore year on year, a rise of 9.07%.

Total Expenses for Q2FY24 of ₹689.00 Crores up from ₹651.00 Crores year on year, a rise of 5.84%.

Consolidated Net Profit of ₹91.00 Crores up 26.39% from ₹72.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.88, up 26.87% from ₹2.27 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.

Tags: Automobile
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