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HLE Glascoat Ltd Q3FY24; 51% 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 Q3FY24 of ₹239.30 Crores up from ₹214.23 Crore year on year, a rise of 11.7%.

Total Expenses for Q3FY24 of ₹231.65 Crores up from ₹199.35 Crores year on year, a rise of 16.2%.

Consolidated Net Profit of ₹5.97 Crores down 51.38% from ₹12.28 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.44, down 75.56% from ₹1.80 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.

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