X

HLE Glascoat Ltd Q1FY24; 41% fall in Profits

HLE Glascoat Ltd is in the business of manufacturing and sales of glass lined equipment and filters and dryers equipment for various industries in the country.

Financial Results:

  • HLE Glascoat Ltd reported Revenues for Q1FY24 of ₹126.49 Crores down from ₹140.86 Crore year on year, a fall of 10.2%.
  • Total Expenses for Q1FY24 of ₹116.57 Crores down from ₹125.93 Crores year on year, a fall of 7.43%.
  • Consolidated Net Profit of ₹7.71 Crores down 40.78% from ₹13.02 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.13, down 40.84% from ₹1.91 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: Glass
Related Post