{"id":152608,"date":"2023-08-10T15:14:13","date_gmt":"2023-08-10T19:14:13","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152608"},"modified":"2023-08-10T15:14:15","modified_gmt":"2023-08-10T19:14:15","slug":"mirc-electronics-ltd-q1fy24-47-fall-in-revenue","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/mirc-electronics-ltd-q1fy24-47-fall-in-revenue\/","title":{"rendered":"MIRC Electronics Ltd Q1FY24; 47% fall in Revenue"},"content":{"rendered":"\n<p>MIRC Electronics Limited was established in 1981 and promoted by Mr Gulu. L. Mirchandani and Mr Vijay. J. Mansukhani has an established presence for over 3 decades. The company&#8217;s goal was manufacturing televisions sets which transformed into a complete consumer durable company with a wide product portfolio.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>MIRC Electronics Ltd reported Revenues for Q1FY24 of \u20b9183.47 Crores down from \u20b9345.19 Crore year on year, a fall of 46.85%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b9192.18 Crores down from \u20b9345.32 Crores year on year, a fall of 44.35%.<\/p>\n\n\n\n<p>Consolidated Net Profit of -\u20b96.22 Crores from \u20b90.43 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is -\u20b90.27, from \u20b90.02 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-645.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-645-839x1024.png\" alt=\"\" class=\"wp-image-152609\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-645-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-645-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-645-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-645-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-645.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>MIRC Electronics Limited was established in 1981 and promoted by Mr Gulu. L. Mirchandani and Mr Vijay. J. Mansukhani has an established presence for over 3 decades. The company&#8217;s goal was manufacturing televisions sets which transformed into a complete consumer durable company with a wide product portfolio. Financial Results: MIRC Electronics Ltd reported Revenues for [&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":[105,12],"tags":[2382],"class_list":["post-152608","post","type-post","status-publish","format-standard","hentry","category-infographics","category-other-industries","tag-electronics"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152369,"url":"https:\/\/alphastreet.com\/india\/elin-electronics-ltd-q1fy24-20-rise-in-profits\/","url_meta":{"origin":152608,"position":0},"title":"Elin Electronics Ltd Q1FY24; 20% rise in Profits","author":"Divyansh_Kasana","date":"August 10, 2023","format":false,"excerpt":"Incorporated in 1969, Elin Electronics Limited is a leading electronics manufacturing services (\"EMS\") provider. The company is a manufacturer of end-to-end product solutions for major brands of lighting, fans, and small\/ kitchen appliances in India, and is one of the largest fractional horsepower motors manufacturers in India. Financial Results: Elin\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-567.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-567.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-567.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-567.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-567.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-567.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153239,"url":"https:\/\/alphastreet.com\/india\/tvs-electronics-ltd-q1fy24-92-fall-in-profits\/","url_meta":{"origin":152608,"position":1},"title":"TVS Electronics Ltd Q1FY24; 92% fall in Profits","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"TVS Electronics Ltd manufactures and sells Point of sale devices, Printers, Keyboards, etc. besides providing service for various Original Equipment Manufacturers via delivery models like exclusive service centers, multi brand service centers, Onsite support, repair centers and factories. Financial Results: TVS Electronics Ltd reported Revenues for Q1FY24 of \u20b989.84 Crores\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-851.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-851.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-851.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-851.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-851.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-851.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149438,"url":"https:\/\/alphastreet.com\/india\/nelco-ltd-q1fy24-21-rise-in-profits\/","url_meta":{"origin":152608,"position":2},"title":"NELCO Ltd Q1FY24; 21% rise in Profits","author":"Karan_Singh","date":"July 20, 2023","format":false,"excerpt":"Nelco, a part of Tata Group, started in 1940 as a electronics company. Nelco offers solutions in areas of VSAT connectivity, Satcom Projects and Integrated Security & Surveillance Solutions Financial Results: NELCO Ltd reported Revenues for Q1FY24 of \u20b978.80 Crores down from \u20b981.68 Crore 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\/07\/image-86.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-86.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-86.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-86.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-86.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-86.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150270,"url":"https:\/\/alphastreet.com\/india\/bharat-electronics-ltd-q1fy24-47-rise-in-profits\/","url_meta":{"origin":152608,"position":3},"title":"Bharat Electronics Ltd Q1FY24; 47% rise in Profits.","author":"Divyansh_Kasana","date":"July 27, 2023","format":false,"excerpt":"BEL was established in 1954 in association with CSF, France (now, Thales), to meet the specialized electronic equipment requirements of the Indian Defence Services.BEL is an Indian state-owned aerospace and defence company with about nine factories, and several regional offices in India. 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