Incorporated in 1969, Elin Electronics Limited is a leading electronics manufacturing services (“EMS”) provider. The company is a manufacturer of end-to-end product solutions for major brands of lighting, fans, and small/ kitchen appliances in India, and is one of the largest fractional horsepower motors manufacturers in India.
Financial Results:
Elin Electronics Ltd reported Revenues for Q1FY24 of ₹253.83 Crores down from ₹294.12 Crore year on year, a fall of 13.7%.
Total Expenses for Q1FY24 of ₹251.63 Crores down from ₹290.53 Crores year on year, a fall of 13.39%.
Consolidated Net Profit of ₹3.77 Crores up 20.45% from ₹3.13 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.76, up 2.70% from ₹0.74 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.