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Kabra Extrusion Technik Ltd Q2FY24; 40% fall in Profits

Kabra Extrusiontechnik Limited was incorporated in 1982. It is part of the Kolsite group and operates in the business of plastic extrusion machinery. KET specializes in providing plastic extrusion machinery for manufacturing pipes and films. It has two manufacturing locations in Daman. Co. has also started Lithium ion battery packs business from FY21

Financial Results:

  • Kabra Extrusion Technik Ltd reported Revenues for Q2FY24 of ₹182.39 Crores up from ₹180.05 Crore year on year, a rise of 1.3%.
  • Total Expenses for Q2FY24 of ₹177.25 Crores up from ₹167.37 Crores year on year, a rise of 5.9%.
  • Consolidated Net Profit of ₹5.70 Crores down 40.31% from ₹9.55 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.70, down 42.95% from ₹2.98 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: extrusion
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