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MIC Electronics Ltd Q1FY24; 241% rise in Revenue

MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988.

Financial Results:

MIC Electronics Ltd reported Revenues for Q1FY24 of ₹8.26 Crores up from ₹2.42 Crore year on year, a rise of 241.32%.

Total Expenses for Q1FY24 of ₹7.25 Crores up from ₹3.90 Crores year on year, a rise of 85.9%.

Consolidated Net Profit of ₹1.24 Crores from -₹1.24 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.06, from -₹0.06 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: electronics
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