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Jupiter Wagons Ltd Q2FY24; 228% rise in Profits

Commercial Engineers & Body Builders Company Ltd (CEBBCO) is primarily involved in the business of manufacturing metal fabrication comprising load bodies for commercial vehicles, rail freight wagons, and components.

Financial Results:

  • Jupiter Wagons Ltd reported Revenues for Q2FY24 of ₹879.00 Crores up from ₹417.00 Crore year on year, a rise of 110.79%.
  • Total Expenses for Q2FY24 of ₹775.00 Crores up from ₹381.00 Crores year on year, a rise of 103.41%.
  • Consolidated Net Profit of ₹82.00 Crores up 228.0% from ₹25.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹2.04, up 218.75% from ₹0.64 in the same quarter of the previous year.

Tags: Metals
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