ESAB India Ltd is a leading supplier of welding and cutting products in India. It is a subsidiary of ESAB Group which was ultimately owned by the Colfax Corporation of USA.
Financial Results:
- Esab India Ltd reported Revenues for Q1FY24 of ₹298.00 Crores up from ₹243.00 Crore year on year, a rise of 22.63%.
- Total Expenses for Q1FY24 of ₹243.00 Crores up from ₹211.00 Crores year on year, a rise of 15.17%.
- Consolidated Net Profit of ₹42.00 Crores up 61.54% from ₹26.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹27.53, up 65.54% from ₹16.63 in the same quarter of the previous year.