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Kriti Industries (India) Ltd Q1 FY24; 52% rise in Revenue

Kriti Industries (India) Ltd. is engaged in the manufacturing of plastic polymer piping systems, moulded plastic products, and accessories catering to the agriculture, building products, micro irrigation and infrastructure sector.

Financial Results:

  • Kriti Industries (India) Ltd reported Revenues for Q1FY24 of ₹279.55 Crores up from ₹183.54 Crore year on year, a rise of 52.31%.
  • Total Expenses for Q1FY24 of ₹269.63 Crores up from ₹195.63 Crores year on year, a rise of 37.83%.
  • Consolidated Net Profit of ₹7.86 Crores from -₹9.11 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.58, from -₹1.84 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: Plastics
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