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Shanthi Gears Ltd Q1FY24; 38% rise in Profits

Shanthi Gears Ltd is in the business of design, manufacture, supply and servicing of gears and gear boxes.

Financial Results:

Shanthi Gears Ltd reported Revenues for Q1FY24 of ₹121.00 Crores up from ₹99.00 Crore year on year, a rise of 22.22%.

Total Expenses for Q1FY24 of ₹101.00 Crores up from ₹84.00 Crores year on year, a rise of 20.24%.

Consolidated Net Profit of ₹18.00 Crores up 38.46% from ₹13.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.36, up 34.86% from ₹1.75 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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