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NDR Auto Components Ltd Q1FY24; 103% rise in Profits

NDR Auto Component operates in the auto components industry and manufactures seat frames and trims for four-wheelers and two-wheeler vehicles and other accessories relating to car seats
It was incorporated and listed in 2019 as a part of Rohit Relan Group. It was listed post demerger of the automobile seating business from Sharda Motor Industries Ltd

Financial Results:

NDR Auto Components Ltd reported Revenues for Q1FY24 of ₹127.63 Crores up from ₹63.04 Crore year on year, a rise of 102.46%.

Total Expenses for Q1FY24 of ₹120.32 Crores up from ₹60.61 Crores year on year, a rise of 98.52%.

Consolidated Net Profit of ₹8.24 Crores up 103.46% from ₹4.05 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.92, up 103.53% from ₹3.40 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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