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Harsha Engineers International Ltd Q1FY24; 17% fall in Revenue

Incorporated in 2010, Harsha Engineers Ltd is a leading engineering company that offers a diversified suite of products across geographies and end-user industries. It manufactures brass, steel, and polyamide cages and stamped components with production facilities located in Asia (India & China) and in Europe (Romania).

Financial Results:

  • Harsha Engineers International Ltd reported Revenues for Q1FY24 of ₹256.00 Crores down from ₹308.00 Crore year on year, a fall of 16.88%.
  • Total Expenses for Q1FY24 of ₹223.00 Crores down from ₹276.00 Crores year on year, a fall of 19.2%.
  • Consolidated Net Profit of ₹30.00 Crores from ₹30.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹3.27, down 16.79% from ₹3.93 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: Engineering
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