X

Kingfa Science & Technology (India) Ltd Q1FY24; 1650% rise in Profits

Kingfa Science & Technology (India) Limited, a subsidiary company of M/s Kingfa Science & Technology Co. Ltd China, is engaged in the business of manufacturing and supply of high-quality modified plastic compounds for automotive and consumer products and personal protective equipments like masks and gloves.

Financial Results:

  • Kingfa Science & Technology (India) Ltd reported Revenues for Q1FY24 of ₹339.00 Crores down from ₹346.00 Crore year on year, a fall of 2.02%.
  • Total Expenses for Q1FY24 of ₹294.00 Crores down from ₹342.00 Crores year on year, a fall of 14.04%.
  • Consolidated Net Profit of ₹35.00 Crores up 1650.0% from ₹2.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹28.93, up 1,318.14% from ₹2.04 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: Technology
Related Post