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Shanthi Gears Ltd Q3FY24; 6% fall 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 Q3FY24 of ₹126.00 Crores up from ₹115.00 Crore year on year, a rise of 9.57%.

Total Expenses for Q3FY24 of ₹105.00 Crores up from ₹95.00 Crores year on year, a rise of 10.53%.

Consolidated Net Profit of ₹17.00 Crores down 5.56% from ₹18.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.27, down 0.87% from ₹2.29 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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