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PG Electroplast Ltd Q2FY24; 71% rise in Profits

PG Electroplast Limited (PGEL) is the flagship company of PG Group. While the PG Group had started its journey in 1977, PG Electroplast was formally set up in 2003 and is a leading, diversified Indian Electronic Manufacturing Services provider. It specializes in Original Design Manufacturing (ODM), Original Equipment Manufacturing (OEM) and Plastic Injection Molding, catering to 50+ leading Indian and Global brands.

Financial Results:

PG Electroplast Ltd reported Revenues for Q2FY24 of ₹460.00 Crores up from ₹336.00 Crore year on year, a rise of 36.9%.

Total Expenses for Q2FY24 of ₹446.00 Crores up from ₹326.00 Crores year on year, a rise of 36.81%.

Consolidated Net Profit of ₹12.00 Crores up 71.43% from ₹7.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.75, up 41.37% from ₹3.36 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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