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MMP Industries Ltd Q1FY24; 71% rise in Profits

MMP Industries Ltd is engaged in manufacturing of aluminium power/ pastes, aluminium conductors and aluminium foils.

Financial Results:

MMP Industries Ltd reported Revenues for Q1FY24 of ₹151.43 Crores up from ₹148.19 Crore year on year, a rise of 2.19%.

Total Expenses for Q1FY24 of ₹142.89 Crores down from ₹143.77 Crores year on year, a fall of 0.61%.

Consolidated Net Profit of ₹8.03 Crores up 70.85% from ₹4.70 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.16, up 70.81% from ₹1.85 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: Aluminum
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