X

India Motor Parts & Accessories Ltd Q1 FY24; 29% rise in Profits

India Motor Parts & Accessories Ltd is engaged in the distribution of automobile spare parts and accessories through its distribution network representing over 50 manufacturers.


Financial Results:

  • India Motor Parts & Accessories Ltd reported Revenues for Q1FY24 of ₹190.00 Crores up from ₹184.00 Crore year on year, a rise of 3.26%.
  • Total Expenses for Q1FY24 of ₹176.00 Crores up from ₹168.00 Crores year on year, a rise of 4.76%.
  • Consolidated Net Profit of ₹18.00 Crores up 28.57% from ₹14.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹14.06, up 22.69% from ₹11.46 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: automotive
Related Post