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Mukand Ltd Q1FY24; 24% rise in Profits

Mukand Ltd is engaged in manufacturing of special alloy steel, billets, bars, rods, EOT cranes, material handling equipment and other industrial machinery and comprehensive engineering services.

Financial Results:

Mukand Ltd reported Revenues for Q1FY24 of ₹1,384.00 Crores down from ₹1,464.00 Crore year on year, a fall of 5.46%.

Total Expenses for Q1FY24 of ₹1,350.00 Crores down from ₹1,437.00 Crores year on year, a fall of 6.05%.

Consolidated Net Profit of ₹31.00 Crores up 24.0% from ₹25.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.14, up 22.29% from ₹1.75 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: Machinery
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