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M M Forgings Ltd Q1FY24; 10% rise in Revenue

M M Forgings Limited is engaged in the business of manufacturing Steel Forgings in raw, semi-machined and fully machined stages in various grades of Carbon, Alloy, Micro-Alloy and Stainless Steels.

Financial Results:

M M Forgings Ltd reported Revenues for Q1FY24 of ₹366.00 Crores up from ₹333.00 Crore year on year, a rise of 9.91%.

Total Expenses for Q1FY24 of ₹331.00 Crores up from ₹294.00 Crores year on year, a rise of 12.59%.

Consolidated Net Profit of ₹30.00 Crores from ₹30.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹12.46, up 1.80% from ₹12.24 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: Forging
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