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Nitiraj Engineers Ltd Q1FY24; 56% rise in Revenue

Incorporated in 1989, Nitiraj Engineers Ltd manufactures and sells Electronic Weighing Scales, Currency Counting Machines, Taxi Fare Meters, etc.

Financial Results:

Nitiraj Engineers Ltd reported Revenues for Q1FY24 of ₹11.71 Crores up from ₹7.50 Crore year on year, a rise of 56.13%.

Total Expenses for Q1FY24 of ₹10.77 Crores up from ₹7.89 Crores year on year, a rise of 36.5%.

Consolidated Net Profit of ₹0.87 Crores from -₹0.26 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.85, from -₹0.25 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: Engineering
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