X

Varroc Engineering Ltd Q1FY24; 10% rise in Revenue

Varroc Engineering Ltd was incorporated in 1988, is the flagship company of the Aurangabad-based Varroc Group. Varroc is a global tier-1 automotive component group. It is engaged in the business of manufacturing and supplying automobile components to a wide range of OEMs across the globe

Financial Results:

Varroc Engineering Ltd reported Revenues for Q1FY24 of ₹1,792.00 Crores up from ₹1,628.00 Crore year on year, a rise of 10.07%.

Total Expenses for Q1FY24 of ₹1,752.00 Crores up from ₹1,638.00 Crores year on year, a rise of 6.96%.

Consolidated Net Profit of ₹34.00 Crores from -₹84.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.11, from -₹5.55 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