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Usha Martin Ltd Q2FY24; 39% 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 Q2FY24 of ₹785.00 Crores down from ₹820.00 Crore year on year, a fall of 4.27%.

Total Expenses for Q2FY24 of ₹664.00 Crores down from ₹730.00 Crores year on year, a fall of 9.04%.

Consolidated Net Profit of ₹110.00 Crores up 39.24% from ₹79.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.59, up 38.61% from ₹2.59 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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