Shriram Pistons & Rings Ltd Q3FY24; 44% rise in Profits

Shriram Pistons & Rings Ltd is primarily engaged in the manufacturing of pistons, piston pins, piston rings and engine valves for various automotive companies in the domestic and export markets.

Financial Results:

Shriram Pistons & Rings Ltd reported Revenues for Q3FY24 of ₹766.00 Crores up from ₹636.00 Crore year on year, a rise of 20.44%.

Total Expenses for Q3FY24 of ₹641.00 Crores up from ₹547.00 Crores year on year, a rise of 17.18%.

Consolidated Net Profit of ₹108.00 Crores up 44.0% from ₹75.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹24.37, up 43.27% from ₹17.01 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.