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Hitech Corporation Ltd Q1FY24; 21% rise in Profits

Hitech Corporation Limited is engaged in manufacturing rigid plastic packaging products specially catering to customers relating to paints, lube, agrochemical, FMCG, Personal and Health care.


Financial Results:

  • Hitech Corporation Ltd reported Revenues for Q1FY24 of ₹150.38 Crores up from ₹148.39 Crore year on year, a rise of 1.34%.
  • Total Expenses for Q1FY24 of ₹140.27 Crores up from ₹140.07 Crores year on year, a rise of 0.14%.
  • Consolidated Net Profit of ₹7.68 Crores up 21.14% from ₹6.34 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹4.47, up 21.14% from ₹3.69 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: Packaging
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