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PTC Industries Ltd Q1FY24; 239% rise in Profits

PTC Industries Limited manufactures metal components for critical and supercritical applications for industries like Defence, Oil & Gas, Liquefied Natural Gas (LNG), Ships & Marine etc.

Financial Results:

PTC Industries Ltd reported Revenues for Q1FY24 of ₹70.81 Crores up from ₹46.05 Crore year on year, a rise of 53.77%.

Total Expenses for Q1FY24 of ₹62.06 Crores up from ₹43.63 Crores year on year, a rise of 42.24%.

Consolidated Net Profit of ₹9.26 Crores up 239.19% from ₹2.73 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.92, up 232.69% from ₹2.08 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: Metals
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