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Fiem Industries Ltd Q2FY24; 5% rise in Profits

Fiem Industries Ltd was originally incorporated in India as Rahul Auto Private Limited on February 6, 1989, in New Delhi and was founded by Mr. J.K. Jain. It is engaged in the business manufacturing and supply of auto components like automotive lighting.

Financial Results:

Fiem Industries Ltd reported Revenues for Q2FY24 of ₹509.00 Crores down from ₹525.00 Crore year on year, a fall of 3.05%.

Total Expenses for Q2FY24 of ₹454.00 Crores down from ₹471.00 Crores year on year, a fall of 3.61%.

Consolidated Net Profit of ₹43.00 Crores up 4.88% from ₹41.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹33.04, up 6.65% from ₹30.98 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: Automobile
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