Categories AlphaGraphs, Earnings

Gandhi Special Tubes Ltd Q1FY24; 33% rise in Profits

Gandhi Special Tubes is engaged in manufacturing and marketing of welded and seamless steel tubes of different sizes and specifications and Cold Formed Coupling Nuts. These products are mainly supplied to the Original Equipment Manufacturers (OEMs) of the automotive sector, Farm Equipment manufacturers, Construction equipment manufacturers and other Engineering Industries. It is also operating in the Power Sector through Windmills installed in Maharashtra and Gujarat in a modest way.


Financial Results:

  • Gandhi Special Tubes Ltd reported Revenues for Q1FY24 of ₹46.00 Crores up from ₹44.00 Crore year on year, a rise of 4.55%.
  • Total Expenses for Q1FY24 of ₹30.00 Crores up from ₹28.00 Crores year on year, a rise of 7.14%.
  • Consolidated Net Profit of ₹16.00 Crores up 33.33% from ₹12.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹12.98, up 31.91% from ₹9.84 in the same quarter of the previous year.

Most Popular

Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript

Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

All you need to know about Antony Waste Handling Cell in one article

Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?

Demystifying the Leading Non-Ferrous Recycling Company of India

“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,

Top