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Revathi Equipment Ltd Q1FY24; 73% rise in Profits

Revathi Equipment Ltd is in the business of manufacturing blast hole drills and water well drills for various applications like mining, construction, water well, exploration, etc. It has over 4 decades of product & service experience and has manufactured & sold over 1000 drillings rigs worldwide.

Financial Results:

Revathi Equipment Ltd reported Revenues for Q1FY24 of ₹52.11 Crores up from ₹36.97 Crore year on year, a rise of 40.95%.

Total Expenses for Q1FY24 of ₹52.75 Crores up from ₹35.84 Crores year on year, a rise of 47.18%.

Consolidated Net Profit of ₹1.96 Crores up 73.45% from ₹1.13 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.48, up 55.68% from ₹3.52 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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