Federal-Mogul Goetze (India) Ltd manufactures, supplies, and distributes automotive components like pistons, piston rings, etc to two/three/four-wheeler automobiles in Indian and International markets.
It was established in 1954 as a joint venture with Goetze-Werke of Germany. Goetze- Werke is owned by Federal-Mogul.
Presently, It operates as a subsidiary of Tenneco Inc, post-Tenneco’s acquisition of Federal-Mogul.
Financial Results:
Federal-Mogul Goetze (India) Ltd reported Revenues for Q2FY24 of ₹442.00 Crores up from ₹429.00 Crore year on year, a rise of 3.03%.
Total Expenses for Q2FY24 of ₹402.00 Crores up from ₹398.00 Crores year on year, a rise of 1.01%.
Consolidated Net Profit of ₹33.00 Crores up 26.92% from ₹26.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹5.78, up 29.89% from ₹4.45 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.
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