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Shivalik Bimetal Controls Ltd Q2FY24; 5% 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 Q2FY24 of ₹128.00 Crores up from ₹118.00 Crore year on year, a rise of 8.47%.

Total Expenses for Q2FY24 of ₹103.00 Crores up from ₹96.00 Crores year on year, a rise of 7.29%.

Consolidated Net Profit of ₹20.00 Crores up 5.26% from ₹19.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.53, up 5.69% from ₹3.34 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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