Rico Auto Industries Limited is an integrated Auto Component Manufacturer present in the value chain from ‘Design to Delivery’, it was Incorporated in 1983. It manufactures and supplies Aluminum and Ferrous Machined Components and Assemblies to Original Equipment Manufacturers and Tier-1 customers across the globe.
Financial Results:
Rico Auto Industries Ltd reported Revenues for Q1FY24 of ₹533.91 Crores down from ₹563.38 Crore year on year, a fall of 5.23%.
Total Expenses for Q1FY24 of ₹528.37 Crores down from ₹552.80 Crores year on year, a fall of 4.42%.
Consolidated Net Profit of ₹5.71 Crores down 44.78% from ₹10.34 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.42, down 44.74% from ₹0.76 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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