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Mahindra EPC Irrigation Ltd Q1FY24; 13% rise in Revenue

Mahindra EPC Irrigation Ltd is part of Mahindra Group of companies. The Co. is engaged in the business of manufacturing and selling Irrigation systems. The solutions provided by the Co through Micro-Irrigation Systems helps in sustainable agriculture..

Financial Results:

Mahindra EPC Irrigation Ltd reported Revenues for Q1FY24 of ₹53.25 Crores up from ₹47.32 Crore year on year, a rise of 12.53%.

Total Expenses for Q1FY24 of ₹54.49 Crores down from ₹55.47 Crores year on year, a fall of 1.77%.

Consolidated Net Profit of -₹0.81 Crores from -₹6.34 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.29, from -₹2.27 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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