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RACL Geartech Ltd Q1FY24; 45% rise in Profits

RACL Geartech Limited, formerly Raunaq Automotive Components Limited, is an India-based company, which is engaged in automotive gears and components business.

Financial Results:

RACL Geartech Ltd reported Revenues for Q1FY24 of ₹88.44 Crores up from ₹78.23 Crore year on year, a rise of 13.05%.

Total Expenses for Q1FY24 of ₹77.97 Crores up from ₹72.75 Crores year on year, a rise of 7.18%.

Consolidated Net Profit of ₹8.78 Crores up 45.12% from ₹6.05 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.14, up 45.10% from ₹5.61 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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