{"id":153359,"date":"2023-08-14T06:51:04","date_gmt":"2023-08-14T10:51:04","guid":{"rendered":"https:\/\/44.250.171.167\/?p=153359"},"modified":"2023-08-14T06:51:05","modified_gmt":"2023-08-14T10:51:05","slug":"pix-transmission-ltd-q1fy24-11-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/pix-transmission-ltd-q1fy24-11-fall-in-profits\/","title":{"rendered":"Pix Transmission Ltd Q1FY24; 11% fall in Profits"},"content":{"rendered":"\n<p>PIX Transmissions Ltd. is the leading manufacturer of Belts and related mechanical Power Transmission products in India. The Company features state-of-the-art Belt manufacturing units as well as an ultra-sophisticated, automated Rubber Mixing facility.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Pix Transmission Ltd reported Revenues for Q1FY24 of \u20b9112.00 Crores down from \u20b9120.00 Crore year on year, a fall of 6.67%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b994.00 Crores down from \u20b9103.00 Crores year on year, a fall of 8.74%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b916.00 Crores down 11.11% from \u20b918.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b911.62, down 10.48% from \u20b912.98 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-893.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-893-839x1024.png\" alt=\"\" class=\"wp-image-153365\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-893-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-893-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-893-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-893-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-893.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>PIX Transmissions Ltd. is the leading manufacturer of Belts and related mechanical Power Transmission products in India. The Company features state-of-the-art Belt manufacturing units as well as an ultra-sophisticated, automated Rubber Mixing facility. Financial Results: Pix Transmission Ltd reported Revenues for Q1FY24 of \u20b9112.00 Crores down from \u20b9120.00 Crore year on year, a fall of [&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":[105,5753],"tags":[10066],"class_list":["post-153359","post","type-post","status-publish","format-standard","hentry","category-infographics","category-industrials","tag-transmission-equipment"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":150621,"url":"https:\/\/alphastreet.com\/india\/adani-transmission-ltd-q1fy24-8-rise-in-profits\/","url_meta":{"origin":153359,"position":0},"title":"Adani Transmission Ltd Q1FY24; 8% rise in Profits.","author":"Divyansh_Kasana","date":"July 31, 2023","format":false,"excerpt":"Adani Transmission Limited (ATL) belongs to the Adani Group. 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Financial\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-15.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-15.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-15.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-15.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-15.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-15.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153535,"url":"https:\/\/alphastreet.com\/india\/the-hi-tech-gears-ltd-q1fy24-2414-rise-in-profits\/","url_meta":{"origin":153359,"position":2},"title":"The Hi-Tech Gears Ltd Q1FY24; 2414% rise in Profits","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"The Hi-Tech Gears Ltd is an auto components manufacturer primarily engaged in the business of manufacturing gears and transmission components. 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