{"id":153531,"date":"2023-08-14T09:21:26","date_gmt":"2023-08-14T13:21:26","guid":{"rendered":"https:\/\/44.250.171.167\/?p=153531"},"modified":"2023-08-14T09:21:27","modified_gmt":"2023-08-14T13:21:27","slug":"rico-auto-industries-ltd-q1fy24-45-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/rico-auto-industries-ltd-q1fy24-45-fall-in-profits\/","title":{"rendered":"Rico Auto Industries Ltd Q1FY24; 45% fall in Profits"},"content":{"rendered":"\n<p>Rico Auto Industries Limited is an integrated Auto Component Manufacturer present in the value chain from \u2018Design to Delivery\u2019, it was Incorporated in 1983. It manufactures and supplies Aluminum and Ferrous Machined Components and Assemblies to Original Equipment Manufacturers and Tier-1 customers across the globe.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Rico Auto Industries Ltd reported Revenues for Q1FY24 of \u20b9533.91 Crores down from \u20b9563.38 Crore year on year, a fall of 5.23%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b9528.37 Crores down from \u20b9552.80 Crores year on year, a fall of 4.42%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b95.71 Crores down 44.78% from \u20b910.34 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.42, down 44.74% from \u20b90.76 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-949.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-949-839x1024.png\" alt=\"\" class=\"wp-image-153533\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-949-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-949-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-949-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-949-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-949.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>Rico Auto Industries Limited is an integrated Auto Component Manufacturer present in the value chain from \u2018Design to Delivery\u2019, it was Incorporated in 1983. It manufactures and supplies Aluminum and Ferrous Machined Components and Assemblies to Original Equipment Manufacturers and Tier-1 customers across the globe. Financial Results: Rico Auto Industries Ltd reported Revenues for Q1FY24 [&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],"tags":[8207],"class_list":["post-153531","post","type-post","status-publish","format-standard","hentry","category-infographics","tag-automobile-parts"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":153727,"url":"https:\/\/alphastreet.com\/india\/pritika-auto-industries-ltd-q1fy24-3-rise-in-profits\/","url_meta":{"origin":153531,"position":0},"title":"Pritika Auto Industries Ltd Q1FY24; 3% rise in Profits","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"Pritika Auto Industries is engaged in the manufacturing of tractor and automobile components. It is among leading manufacturers of machined castings in India. Financial Results: Pritika Auto Industries Ltd reported Revenues for Q1FY24 of \u20b994.72 Crores down from \u20b996.00 Crore year on year, a fall of 1.33%. Total Expenses for\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-1016.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1016.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1016.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1016.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1016.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1016.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153697,"url":"https:\/\/alphastreet.com\/india\/munjal-auto-industries-ltd-q1fy24-78-fall-in-profits\/","url_meta":{"origin":153531,"position":1},"title":"Munjal Auto Industries Ltd Q1FY24; 78% fall in Profits","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"Munjal Auto Industries Limited is a Vadodara-based leading auto component manufacturing company in India producing different types of auto components. It is a part of the Hero Group of companies, sporting flagship companies like Hero Motocorp Ltd with the Satyanand Munjal family holding almost 75% of its total share capital.\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-1006.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1006.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1006.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1006.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1006.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1006.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154077,"url":"https:\/\/alphastreet.com\/india\/autoline-industries-ltd-q1fy24-27-fall-in-profits\/","url_meta":{"origin":153531,"position":2},"title":"Autoline Industries Ltd Q1FY24; 27% fall in Profits","author":"Divyansh_Kasana","date":"August 16, 2023","format":false,"excerpt":"Established in 1996, Autoline Industries Ltd is a prominent auto components manufacturer and supplier to OEMs and other automobile companies. It manufactures sheet metal components, sub-assemblies and assemblies, Foot Control Modules etc. Financial Results: Autoline Industries Ltd reported Revenues for Q1FY24 of \u20b9149.39 Crores down from \u20b9179.89 Crore year on\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-1126.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1126.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1126.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1126.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1126.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1126.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152000,"url":"https:\/\/alphastreet.com\/india\/remsons-industries-ltd-q1fy24-15-rise-in-profits\/","url_meta":{"origin":153531,"position":3},"title":"Remsons Industries Ltd Q1FY24; 15% rise in Profits","author":"Karan_Singh","date":"August 9, 2023","format":false,"excerpt":"Remsons Industries Limited was established in 1971. 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It exports majorly to UK, Europe, North American, Brazil, Mexico and SAARC countries Financial Results: Remsons Industries Ltd reported Revenues for Q1FY24 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-446.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-446.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-446.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-446.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-446.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-446.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157165,"url":"https:\/\/alphastreet.com\/india\/rico-auto-industries-ltd-q2fy24-19-fall-in-profits\/","url_meta":{"origin":153531,"position":4},"title":"Rico Auto Industries Ltd Q2FY24; 19% fall in Profits","author":"Chirag Gupta","date":"December 7, 2023","format":false,"excerpt":"Rico Auto Industries Limited is an integrated Auto Component Manufacturer present in the value chain from \u2018Design to Delivery\u2019, it was Incorporated in 1983. It manufactures and supplies Aluminum and Ferrous Machined Components and Assemblies to Original Equipment Manufacturers and Tier-1 customers across the globe. 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