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Pitti Engineering Ltd Q1FY24; 17% rise in Profits

Pitti Engg. is engaged in the manufacturing of Electrical Steel Laminations, Motor Cores, Sub-Assemblies, Die-Cast Rotors, Press Tools and machining of metal components.

Financial Results:

Pitti Engineering Ltd reported Revenues for Q1FY24 of ₹290.00 Crores down from ₹311.00 Crore year on year, a fall of 6.75%.

Total Expenses for Q1FY24 of ₹272.00 Crores down from ₹296.00 Crores year on year, a fall of 8.11%.

Consolidated Net Profit of ₹14.00 Crores up 16.67% from ₹12.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.36, up 19.45% from ₹3.65 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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