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Pitti Engineering Ltd Q2FY24; 130% 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 Q2FY24 of ₹290.00 Crores down from ₹304.00 Crore year on year, a fall of 4.61%.

Total Expenses for Q2FY24 of ₹271.00 Crores down from ₹291.00 Crores year on year, a fall of 6.87%.

Consolidated Net Profit of ₹23.00 Crores up 130.0% from ₹10.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.04, up 122.08% from ₹3.17 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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