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Shivalik Bimetal Controls Ltd Q1FY24; 18% rise in Profits

Shivalik Bimetal Controls Ltd. is a company specialized in the joining of material through various methods such as Diffusion Bonding / Cladding, Electron Beam Welding, Solder Reflow and Resistance Welding. Our present program includes Thermostatic Bimetal, Clad Metal, Spring Rolled stainless Steels, Electron Beam Welded Material with multi- Gauge and Multi- Materials strips and Thermostatic Edge- Welded Strips for a board spectrum of industries.

Financial Results:

Shivalik Bimetal Controls Ltd reported Revenues for Q1FY24 of ₹113.00 Crores up from ₹98.00 Crore year on year, a rise of 15.31%.

Total Expenses for Q1FY24 of ₹87.00 Crores up from ₹77.00 Crores year on year, a rise of 12.99%.

Consolidated Net Profit of ₹20.00 Crores up 17.65% from ₹17.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.51, up 18.18% from ₹2.97 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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