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KEI Industries Ltd Q1FY24; 16% rise in Profits

KEI Industries Ltd was established in 1968 as a partnership firm under the name Krishna Electrical Industries. . It manufactures cables and wires, with a product portfolio ranging from housing wires to Extra High Voltage (EHV) cables, and further diversifying into the Engineering, Procurement, and Construction (EPC) services for power and transmission projects.

Financial Results:

  • KEI Industries Ltd reported Revenues for Q1FY24 of ₹1,783.00 Crores up from ₹1,565.00 Crore year on year, a rise of 13.93%.
  • Total Expenses for Q1FY24 of ₹1,628.00 Crores up from ₹1,429.00 Crores year on year, a rise of 13.93%.
  • Consolidated Net Profit of ₹121.00 Crores up 16.35% from ₹104.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹13.46, up 16.84% from ₹11.52 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: Electricals
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