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JTEKT India Ltd Q2FY24; 2% rise in Revenue

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 Q2FY24 of ₹584.00 Crores up from ₹571.00 Crore year on year, a rise of 2.28%.
  • Total Expenses for Q2FY24 of ₹545.00 Crores up from ₹532.00 Crores year on year, a rise of 2.44%.
  • Consolidated Net Profit of ₹30.00 Crores from ₹30.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.11, down 2.63% from ₹1.14 in the same quarter of the previous year.
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