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Hilton Metal Forging Ltd Q1FY24; 68% rise in Profits

Incorporated in 1999, Hilton Metal Forging Ltd is primarily engaged in manufacturing Steel Forgings; also caters to the needs of the Oil and Gas, Refineries and pharmaceutical industries. The registered office of the Company is located in Mumbai and Company’s plant is located at Thane in Maharashtra and exports to over 35 countries.

Financial Results:

  • Hilton Metal Forging Ltd reported Revenues for Q1FY24 of ₹27.68 Crores up from ₹17.85 Crore year on year, a rise of 55.07%.
  • Total Expenses for Q1FY24 of ₹25.74 Crores up from ₹16.62 Crores year on year, a rise of 54.87%.
  • Consolidated Net Profit of ₹1.70 Crores up 68.32% from ₹1.01 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.81, up 39.66% from ₹0.58 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: Forging
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