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Rajratan Global Wire Ltd Q3FY24; 9% fall in Profits

Rajratan Global Wire Ltd was established in 1989, it manufactures bead wire, high-carbon steel wire with specialisation in TBW, which is bronze-coated and used in tyres and drawn steel wire (known as black wire), used in automobile, construction and engineering industries.

Financial Results:

Rajratan Global Wire Ltd reported Revenues for Q3FY24 of ₹233.00 Crores up from ₹200.00 Crore year on year, a rise of 16.5%.

Total Expenses for Q3FY24 of ₹208.00 Crores up from ₹171.00 Crores year on year, a rise of 21.64%.

Consolidated Net Profit of ₹20.00 Crores down 9.09% from ₹22.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.88, down 10.39% from ₹4.33 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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