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Tirupati Forge Ltd Q1FY24; 63% fall in Profits

Incorporated in 2012, co manufactures mass quantity Carbon Steel Forged Flanges, Forged componets and other automotive components

Financial Results:

Tirupati Forge Ltd reported Revenues for Q1FY24 of ₹20.88 Crores down from ₹25.33 Crore year on year, a fall of 17.57%.

Total Expenses for Q1FY24 of ₹19.45 Crores down from ₹21.90 Crores year on year, a fall of 11.19%.

Consolidated Net Profit of ₹1.14 Crores down 62.99% from ₹3.08 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.12, down 61.29% from ₹0.31 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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