Categories AlphaGraphs, Automobile, Earnings

Pricol Ltd Q2FY24; 31% fall in Profits

Pricol Limited is engaged in the business of manufacturing and selling of instrument clusters and other allied automobile components to OEMs and replacement markets. The business was started in 1974 and is headquartered in Coimbatore, Tamil Nadu.

Financial Results:

Pricol Ltd reported Revenues for Q2FY24 of ₹578.00 Crores up from ₹516.00 Crore year on year, a rise of 12.02%.

Total Expenses for Q2FY24 of ₹537.00 Crores up from ₹478.00 Crores year on year, a rise of 12.34%.

Consolidated Net Profit of ₹33.00 Crores down 31.25% from ₹48.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.72, down 30.26% from ₹3.90 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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