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Kritika Wires Ltd Q1FY24; 37% rise in Profits

Incorporated in 2004, Kritika Wires Limited is engaged in the manufacturing of all types of Steel Wire and Galvanised Wire to cater to the needs of the State Electricity Boards, Power Grid Corporation of India Ltd, etc.


Financial Results:

  • Kritika Wires Ltd reported Revenues for Q1FY24 of ₹101.06 Crores up from ₹65.92 Crore year on year, a rise of 53.31%.
  • Total Expenses for Q1FY24 of ₹100.38 Crores up from ₹65.06 Crores year on year, a rise of 54.29%.
  • Consolidated Net Profit of ₹1.42 Crores up 36.54% from ₹1.04 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.16, up 33.33% from ₹0.12 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.

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