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Swaraj Engines Ltd Q2FY24; 6% rise in Profits

Swaraj Engines was established in 1989 it manufactures diesel engines specifically for tractors in the range of 22 HP to above 65 HP and hi-tech engine components.

Financial Results:

Swaraj Engines Ltd reported Revenues for Q2FY24 of ₹389.00 Crores up from ₹385.00 Crore year on year, a rise of 1.04%.

Total Expenses for Q2FY24 of ₹342.00 Crores up from ₹339.00 Crores year on year, a rise of 0.88%.

Consolidated Net Profit of ₹38.00 Crores up 5.56% from ₹36.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹31.01, up 4.98% from ₹29.54 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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