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HBL Power Systems Ltd Q3FY24; 229% rise in Profits

Incorporated in 1983, HBL Power System Ltd manufactures and services different types of batteries, e-mobility, and other products

Financial Results:

HBL Power Systems Ltd reported Revenues for Q3FY24 of ₹599.00 Crores up from ₹332.00 Crore year on year, a rise of 80.42%.

Total Expenses for Q3FY24 of ₹500.00 Crores up from ₹305.00 Crores year on year, a rise of 63.93%.

Consolidated Net Profit of ₹79.00 Crores up 229.17% from ₹24.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.85, up 231.40% from ₹0.86 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: batteries
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