Categories AlphaGraphs, Earnings
Generic Engineering Construction & Projects Ltd Q1FY24; 35% fall in Profits
Generic Engineering Construction & Projects Limited is a Mumbai-based construction company engaged in the construction of residential, industrial, commercial, and institutional buildings with a presence in Navi Mumbai and the Mumbai Metropolitan Region (MMR).
Financial Results:
- Generic Engineering Construction & Projects Ltd reported Revenues for Q1FY24 of ₹52.79 Crores down from ₹70.07 Crore year on year, a fall of 24.66%.
- Total Expenses for Q1FY24 of ₹51.20 Crores down from ₹66.05 Crores year on year, a fall of 22.48%.
- Consolidated Net Profit of ₹2.06 Crores down 34.81% from ₹3.16 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹0.49, down 34.67% from ₹0.75 in the same quarter of the previous year.
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