X

Geekay Wires Ltd Q1 FY24; 222% rise in Profits

Geekay Wires is engaged in manufacturing of niche quality Galvanized Steel Wires and Nails which find applications in Power Transmission, Cable & Conductor, General Engineering, Construction etc.

Financial Results:

  • Geekay Wires Ltd reported Revenues for Q1FY23 of ₹97.80 Crores up from ₹87.62 Crore year on year, a rise of 11.62%.
  • Total Expenses for Q1FY23 of ₹89.49 Crores up from ₹86.87 Crores year on year, a rise of 3.02%.
  • Consolidated Net Profit of ₹8.32 Crores up 222.48% from ₹2.58 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹7.96, up 222.27% from ₹2.47 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: steel wires
Related Post