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Shivalik Bimetal Controls Ltd Q3FY24; 11% fall 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 Q3FY24 of ₹112.00 Crores up from ₹108.00 Crore year on year, a rise of 3.7%.

Total Expenses for Q3FY24 of ₹92.00 Crores up from ₹84.00 Crores year on year, a rise of 9.52%.

Consolidated Net Profit of ₹16.00 Crores down 11.11% from ₹18.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.76, down 12.93% from ₹3.17 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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