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Macpower CNC Machines Ltd Q1FY24; 20% fall in Profits

Macpower CNC Machines Limited is engaged in the manufacture of Computerized Numerically Controlled (CNC) machines and Lathe Machines.

Financial Results:

Macpower CNC Machines Ltd reported Revenues for Q1FY24 of ₹40.46 Crores down from ₹41.08 Crore year on year, a fall of 1.51%.

Total Expenses for Q1FY24 of ₹38.04 Crores up from ₹37.80 Crores year on year, a rise of 0.63%.

Consolidated Net Profit of ₹2.03 Crores down 20.39% from ₹2.55 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.03, down 20.39% from ₹2.55 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: Machines
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