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Genus Power Infrastructures Ltd Q2FY24; 600% rise in Profits

Genus Power Infrastructures Limited, incorporated in 1992 is a part of the Kailash Group. It is engaged in manufacturing and providing Metering and Metering Solutions and undertaking ‘Engineering, Construction, and Contracts’ on a turnkey basis (core business division). It also undertakes strategic investment activity,

Financial Results:

Genus Power Infrastructures Ltd reported Revenues for Q2FY24 of ₹259.00 Crores up from ₹219.00 Crore year on year, a rise of 18.26%.

Total Expenses for Q2FY24 of ₹251.00 Crores up from ₹213.00 Crores year on year, a rise of 17.84%.

Consolidated Net Profit of ₹49.00 Crores up 600.0% from ₹7.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.91, up 664.00% from ₹0.25 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: Energy
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