Suprajit Engineering promoted by Mr Ajith Kumar Rai, started as a single-product (cables) to TVS Motor in 1985. Over the years, Suprajit has emerged as the largest supplier (market share of ~65%) of mechanical cables to the domestic 2W and passenger vehicle (PV) market with rising revenue share from aftermarket and exports.
Financial Results:
Suprajit Engineering Ltd reported Revenues for Q1FY24 of ₹680.00 Crores up from ₹645.00 Crore year on year, a rise of 5.43%.
Total Expenses for Q1FY24 of ₹645.00 Crores up from ₹621.00 Crores year on year, a rise of 3.86%.
Consolidated Net Profit of ₹33.00 Crores up 22.22% from ₹27.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹2.39, up 21.32% from ₹1.97 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.