{"id":145165,"date":"2023-05-05T09:52:50","date_gmt":"2023-05-05T13:52:50","guid":{"rendered":"https:\/\/44.250.171.167\/?p=145165"},"modified":"2023-05-05T09:52:51","modified_gmt":"2023-05-05T13:52:51","slug":"ptl-enterprises-limited-q4fy23-earnings","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ptl-enterprises-limited-q4fy23-earnings\/","title":{"rendered":"PTL Enterprises Limited Q4FY23 Earnings"},"content":{"rendered":"\n<p>When Premier Tyres&#8217; tyre and tube production facilities in Kalamassery, Kerala, was purchased by Apollo Tyres Ltd (ATL) in 1995, PTL Enterprises Ltd was added as an affiliate business. Commercial manufacturing at this facility started in September 1962, and Apollo Tyres now has a long-term lease on the facility.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>PTL Enterprises Ltd. reported Total Income for Q4FY23 of \u20b9 16.2 Crores up from \u20b9 15.9 Crore year on year, a rise of 2%.<br><br><\/li><li>Total Expenses for Q4FY23 of \u20b9 3.5 Crores up from \u20b9 4.1 Crores year on year, a fall of 15%.<br><br>\u00a0<\/li><li>Consolidated Net Profit of \u20b9 2.5 Crores, down 26% from \u20b9 3.3 Crores in the same quarter of the previous year.<br><br>\u00a0<\/li><li>The Earnings per Share is \u20b9 0.19, down 36% from \u20b9 0.25  in the same quarter of the previous year.<\/li><\/ul>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/image-11.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/image-11.png\" alt=\"\" class=\"wp-image-145166\" width=\"250\" height=\"344\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/image-11.png 294w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/image-11-218x300.png 218w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>When Premier Tyres&#8217; tyre and tube production facilities in Kalamassery, Kerala, was purchased by Apollo Tyres Ltd (ATL) in 1995, PTL Enterprises Ltd was added as an affiliate business. Commercial manufacturing at this facility started in September 1962, and Apollo Tyres now has a long-term lease on the facility. Financial Results: PTL Enterprises Ltd. reported [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":134936,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753],"tags":[11921,9753],"class_list":["post-145165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-industrials","tag-tube","tag-tyres"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1320950393.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152623,"url":"https:\/\/alphastreet.com\/india\/ptl-enterprises-ltd-q1fy24-57-fall-in-profits\/","url_meta":{"origin":145165,"position":0},"title":"PTL Enterprises Ltd Q1FY24; 57% fall in Profits","author":"Karan_Singh","date":"August 10, 2023","format":false,"excerpt":"Incorporated in 1959, PTL Enterprises Ltd became an associate company of Apollo Tyres Ltd (ATL) in 1995, when the tyres and tubes manufacturing facility of Premier Tyres in Kalamassery, Kerala was acquired by Apollo. This facility began commercial production in September 1962 and currently the plant is leased to Apollo\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-650.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-650.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-650.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-650.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-650.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-650.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":144871,"url":"https:\/\/alphastreet.com\/india\/mrf-limited-q4fy23-earnings-story\/","url_meta":{"origin":145165,"position":1},"title":"MRF Limited Q4FY23 Earnings Story","author":"Karan_Singh","date":"May 3, 2023","format":false,"excerpt":"The MRF Group's parent firm is Madras Rubber Factory Limited (MRF). The Co makes tyres as part of its line of work. The company makes tyres (its main product) for passenger vehicles, two-wheelers, three-wheelers, OTR, trucks, farm tractors, LCVs, tubes and flaps, SCV, pick-up cars, MCV, and ICV. 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