Shakti Pumps (India) Ltd Q2FY24; 208% rise in Profits

Shakti Pumps (India) Ltd is primarily engaged in manufacturing of pumps and motors of various kinds. It also offers advanced water pumping solutions to a wide range of applications such as irrigation, horticulture, domestic water supply, commercial and industrial applications. Its brand “Shakti” is well received in the domestic and international markets.

Financial Results:

Shakti Pumps (India) Ltd reported Revenues for Q2FY24 of ₹152.78 Crores down from ₹216.32 Crore year on year, a fall of 29.37%.

Total Expenses for Q2FY24 of ₹146.17 Crores down from ₹214.33 Crores year on year, a fall of 31.8%.

Consolidated Net Profit of ₹5.86 Crores up 208.42% from ₹1.90 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.19, up 209.71% from ₹1.03 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.