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 Q3FY24 of ₹724.00 Crores up from ₹692.00 Crore year on year, a rise of 4.62%.
Total Expenses for Q3FY24 of ₹676.00 Crores up from ₹646.00 Crores year on year, a rise of 4.64%.
Consolidated Net Profit of ₹40.00 Crores up 5.26% from ₹38.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹2.91, up 5.82% from ₹2.75 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.