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Nava Ltd Q1FY24; 1% rise in Profits

Nava Bharat Ventures Ltd was established in 1972 as an Indian ferro alloys manufacturer, Nava Bharat is now a multinational company, operating in India, South East Asia and Africa with businesses in metals manufacturing, power, mining, agribusiness and healthcare.

Financial Results:

Nava Ltd reported Revenues for Q1FY24 of ₹1,042.00 Crores up from ₹1,025.00 Crore year on year, a rise of 1.66%.

Total Expenses for Q1FY24 of ₹664.00 Crores down from ₹726.00 Crores year on year, a fall of 8.54%.

Consolidated Net Profit of ₹343.00 Crores up 1.18% from ₹339.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹17.99, down 12.59% from ₹20.58 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: ferro alloys
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