X

Tega Industries Ltd Q1FY24; 9% fall in Profits

Established in 1976, Tega Industries is a leading manufacturer and distributor of specialized, critical, and recurring consumable products for the global mineral beneficiation, mining, and bulk solids handling industry. Globally, Tega industries are the second largest producers of polymer-based mill liners, based on revenues for the year 2020.

Financial Results:

Tega Industries Ltd reported Revenues for Q1FY24 of ₹268.00 Crores up from ₹244.00 Crore year on year, a rise of 9.84%.

Total Expenses for Q1FY24 of ₹251.00 Crores up from ₹212.00 Crores year on year, a rise of 18.4%.

Consolidated Net Profit of ₹21.00 Crores down 8.7% from ₹23.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.22, down 7.47% from ₹3.48 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.

Related Post