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Munjal Showa Ltd Q1FY24; 9% fall in Revenue

Munjal Showa Ltd operates as an ancillary and manufactures auto components for two-wheeler and four-wheeler automotive players in the domestic market. It was established in 1985 as a result of technical and financial collaboration between Hero Group and Showa Corporation, Japan.

Financial Results:

Munjal Showa Ltd reported Revenues for Q1FY24 of ₹288.00 Crores down from ₹318.00 Crore year on year, a fall of 9.43%.

Total Expenses for Q1FY24 of ₹284.00 Crores down from ₹318.00 Crores year on year, a fall of 10.69%.

Consolidated Net Profit of ₹13.00 Crores from ₹0.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.19, up 3,887.50% from ₹0.08 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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