{"id":150847,"date":"2023-08-02T07:53:40","date_gmt":"2023-08-02T11:53:40","guid":{"rendered":"https:\/\/44.250.171.167\/?p=150847"},"modified":"2023-08-02T07:53:42","modified_gmt":"2023-08-02T11:53:42","slug":"modison-ltd-q1fy24-8-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/modison-ltd-q1fy24-8-rise-in-profits\/","title":{"rendered":"Modison Ltd Q1FY24; 8% rise in Profits"},"content":{"rendered":"\n<p>Modison Metals Ltd, established in 1975, manufactures electrical contact materials and finished contacts for Low Voltage(LV), Medium Voltage(MV) and High Voltage(HV) Switchgears. Co. manufactures products for sectors like Automotive, Engineering, Aerospace, Marine, Defence &amp; Railways. It is the only Co. in India and one of the few in the world to have presence in all three segments i.e. HV, MV and LV.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Modison Ltd reported Revenues for Q1FY24 of \u20b986.05 Crores down from \u20b989.65 Crore year on year, a fall of 4.02%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b981.19 Crores down from \u20b987.40 Crores year on year, a fall of 7.11%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b95.51 Crores up 8.04% from \u20b95.10 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b91.70, up 8.28% from \u20b91.57 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-62.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-62-839x1024.png\" alt=\"\" class=\"wp-image-150849\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-62-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-62-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-62-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-62-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-62.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Modison Metals Ltd, established in 1975, manufactures electrical contact materials and finished contacts for Low Voltage(LV), Medium Voltage(MV) and High Voltage(HV) Switchgears. Co. manufactures products for sectors like Automotive, Engineering, Aerospace, Marine, Defence &amp; Railways. It is the only Co. in India and one of the few in the world to have presence in all [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"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":[105,6348],"tags":[8875],"class_list":["post-150847","post","type-post","status-publish","format-standard","hentry","category-infographics","category-interviews","tag-electrical-equipment-parts"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":149278,"url":"https:\/\/alphastreet.com\/india\/bharat-bijlee-ltd-q1fy24-56-rise-in-profits\/","url_meta":{"origin":150847,"position":0},"title":"Bharat Bijlee Ltd Q1FY24; 56% rise in Profits.","author":"Divyansh_Kasana","date":"July 18, 2023","format":false,"excerpt":"Company Description: Established in 1946, Bharat Bijlee is a leading electrical engineering company in India engaged in manufacturing of transformers, electric motors, elevator systems, drives and automation. 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Total Expenses for Q1FY24 of \u20b95.71 Crores down from \u20b919.64 Crores year on year, a fall of\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-1227.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1227.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1227.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1227.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1227.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1227.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/150847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=150847"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/150847\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=150847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=150847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=150847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}