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Tega Industries Ltd Q3FY24; 25% 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 Q3FY24 of ₹340.00 Crores up from ₹297.00 Crore year on year, a rise of 14.48%.

Total Expenses for Q3FY24 of ₹306.00 Crores up from ₹245.00 Crores year on year, a rise of 24.9%.

Consolidated Net Profit of ₹36.00 Crores down 25.0% from ₹48.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.36, down 26.58% from ₹7.30 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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