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Usha Martin Ltd Q1FY24; 23% rise in Profits

Usha Martin Ltd is primarily engaged in manufacture and sale of steel wires, strands, wire ropes, cords, related accessories, etc. It is also involved in sale of other products such as wire drawing and allied machines.

Financial Results:

Usha Martin Ltd reported Revenues for Q1FY24 of ₹814.00 Crores up from ₹759.00 Crore year on year, a rise of 7.25%.

Total Expenses for Q1FY24 of ₹693.00 Crores up from ₹665.00 Crores year on year, a rise of 4.21%.

Consolidated Net Profit of ₹101.00 Crores up 23.17% from ₹82.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.31, up 23.05% from ₹2.69 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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