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 Q2FY24 of ₹709.00 Crores down from ₹716.00 Crore year on year, a fall of 0.98%.
Total Expenses for Q2FY24 of ₹679.00 Crores up from ₹669.00 Crores year on year, a rise of 1.49%.
Consolidated Net Profit of ₹35.00 Crores down 23.91% from ₹46.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹2.51, down 24.17% from ₹3.31 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.