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Everest Kanto Cylinder Ltd Q2FY24; 44% rise in Profits

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 Q2FY24 of ₹299.00 Crores down from ₹340.00 Crore year on year, a fall of 12.06%.

Total Expenses for Q2FY24 of ₹270.00 Crores down from ₹317.00 Crores year on year, a fall of 14.83%.

Consolidated Net Profit of ₹26.00 Crores up 44.44% from ₹18.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.35, up 42.42% from ₹1.65 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: Energy
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