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JTEKT India Ltd Q1FY24; 19% rise in Profits

JTEKT India Ltd is primarily engaged in the business of manufacturing steering systems & other auto components for the passenger car and utility vehicle manufacturers in the automobile sector.


Financial Results:

  • JTEKT India Ltd reported Revenues for Q1FY24 of ₹478.00 Crores up from ₹472.00 Crore year on year, a rise of 1.27%.
  • Total Expenses for Q1FY24 of ₹463.00 Crores up from ₹450.00 Crores year on year, a rise of 2.89%.
  • Consolidated Net Profit of ₹19.00 Crores up 18.75% from ₹16.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.70, up 20.69% from ₹0.58 in the same quarter of the previous year.
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