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Lloyds Engineering Works Ltd Q1FY24; 30% rise in Profits

Established in 1974, Lloyds Steels Industries is primarily engaged in the design, Manufacturing, and Commissioning of heavy equipment, machinery & systems for the HydroCarbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers, and Turnkey Projects.

Financial Results:

Lloyds Engineering Works Ltd reported Revenues for Q1FY24 of ₹113.00 Crores up from ₹51.00 Crore year on year, a rise of 121.57%.

Total Expenses for Q1FY24 of ₹101.00 Crores up from ₹39.00 Crores year on year, a rise of 158.97%.

Consolidated Net Profit of ₹13.00 Crores up 30.0% from ₹10.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.13, up 30.00% from ₹0.10 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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