Everest Kanto Cylinder Ltd (EKC) is engaged in the manufacture of high-pressure seamless gas cylinders along with other cylinders and equipments used for containing and storage of natural gas, liquids and air.
Financial Results:
- Everest Kanto Cylinder Ltd reported Revenues for Q1FY24 of ₹268.00 Crores down from ₹381.00 Crore year on year, a fall of 29.66%.
- Total Expenses for Q1FY24 of ₹242.00 Crores down from ₹331.00 Crores year on year, a fall of 26.89%.
- Consolidated Net Profit of ₹22.00 Crores down 43.59% from ₹39.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.94, down 43.77% from ₹3.45 in the same quarter of the previous year.