X

The Hi-Tech Gears Ltd Q1FY24; 2414% rise in Profits

The Hi-Tech Gears Ltd is an auto components manufacturer primarily engaged in the business of manufacturing gears and transmission components.

Financial Results:

The Hi-Tech Gears Ltd reported Revenues for Q1FY24 of ₹263.50 Crores down from ₹291.74 Crore year on year, a fall of 9.68%.

Total Expenses for Q1FY24 of ₹254.30 Crores down from ₹287.71 Crores year on year, a fall of 11.61%.

Consolidated Net Profit of ₹9.30 Crores up 2413.51% from ₹0.37 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.96, up 2,380.00% from ₹0.20 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