{"id":153535,"date":"2023-08-14T09:22:58","date_gmt":"2023-08-14T13:22:58","guid":{"rendered":"https:\/\/44.250.171.167\/?p=153535"},"modified":"2023-08-14T09:22:59","modified_gmt":"2023-08-14T13:22:59","slug":"the-hi-tech-gears-ltd-q1fy24-2414-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/the-hi-tech-gears-ltd-q1fy24-2414-rise-in-profits\/","title":{"rendered":"The Hi-Tech Gears Ltd Q1FY24; 2414% rise in Profits"},"content":{"rendered":"\n<p>The Hi-Tech Gears Ltd is an auto components manufacturer primarily engaged in the business of manufacturing gears and transmission components.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>The Hi-Tech Gears Ltd reported Revenues for Q1FY24 of \u20b9263.50 Crores down from \u20b9291.74 Crore year on year, a fall of 9.68%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b9254.30 Crores down from \u20b9287.71 Crores year on year, a fall of 11.61%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b99.30 Crores up 2413.51% from \u20b90.37 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b94.96, up 2,380.00% from \u20b90.20 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-951.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-951-839x1024.png\" alt=\"\" class=\"wp-image-153537\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-951-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-951-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-951-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-951-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-951.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>The Hi-Tech Gears Ltd is an auto components manufacturer primarily engaged in the business of manufacturing gears and transmission components. Financial Results: The Hi-Tech Gears Ltd reported Revenues for Q1FY24 of \u20b9263.50 Crores down from \u20b9291.74 Crore year on year, a fall of 9.68%. Total Expenses for Q1FY24 of \u20b9254.30 Crores down from \u20b9287.71 Crores [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":153537,"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":[105,392],"tags":[12874,11449,10066],"class_list":["post-153535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-automotive-components","tag-gears","tag-transmission-equipment"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-951.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152357,"url":"https:\/\/alphastreet.com\/india\/bharat-gears-ltd-q1fy24-7-fall-in-revenue\/","url_meta":{"origin":153535,"position":0},"title":"Bharat Gears Ltd Q1FY24; 7% fall in Revenue","author":"Divyansh_Kasana","date":"August 10, 2023","format":false,"excerpt":"Bharat Gears Ltd. (BGL) (Incorporated in 1971) is India's largest gear manufacturer. BGL is a major global supplier of automotive gears and heat treatment furnaces. BGL manufactures a wide range of gears for HCV, MCV, LCV, utility, and off-highway vehicles. The manufacturing facilities are located in Mumbra, Faridabad, and Satara.\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-563.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-563.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-563.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-563.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-563.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-563.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149969,"url":"https:\/\/alphastreet.com\/india\/shanthi-gears-ltd-q1fy24-38-rise-in-profits\/","url_meta":{"origin":153535,"position":1},"title":"Shanthi Gears Ltd Q1FY24; 38% rise in Profits","author":"Chirag Gupta","date":"July 26, 2023","format":false,"excerpt":"Shanthi Gears Ltd is in the business of design, manufacture, supply and servicing of gears and gear boxes. Financial Results: Shanthi Gears Ltd reported Revenues for Q1FY24 of \u20b9121.00 Crores up from \u20b999.00 Crore year on year, a rise of 22.22%. Total Expenses for Q1FY24 of \u20b9101.00 Crores up from\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-244.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-244.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-244.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-244.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-244.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-244.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153018,"url":"https:\/\/alphastreet.com\/india\/garware-hi-tech-films-ltd-q1fy24-2-fall-in-profits\/","url_meta":{"origin":153535,"position":2},"title":"Garware Hi Tech Films Ltd Q1FY24; 2% fall in Profits","author":"Hardik Bhandare","date":"August 11, 2023","format":false,"excerpt":"Garware Polyester is engaged in the business of manufacturing of Polyester Films. Financial Results: Garware Hi Tech Films Ltd reported Revenues for Q1FY24 of \u20b9380.00 Crores up from \u20b9370.00 Crore year on year, a rise of 2.7%. Total Expenses for Q1FY24 of \u20b9330.00 Crores up from \u20b9319.00 Crores 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-780.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-780.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-780.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-780.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-780.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-780.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149850,"url":"https:\/\/alphastreet.com\/india\/triveni-engineering-and-industries-ltd-q1fy24-3-rise-in-profits\/","url_meta":{"origin":153535,"position":3},"title":"Triveni Engineering and Industries Ltd Q1FY24; 3% rise in Profits","author":"Chirag Gupta","date":"July 25, 2023","format":false,"excerpt":"Triveni Engineering and Industries Ltd is predominantly an integrated sugar manufacturing company, which is also involved in manufacturing high-speed gears and project implementation in the fields of water and waste-water treatment and pollution control. Financial Results: Triveni Engineering and Industries Ltd reported Revenues for Q1FY24 of \u20b91,198.00 Crores down from\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-208.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-208.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-208.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-208.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-208.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-208.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154261,"url":"https:\/\/alphastreet.com\/india\/racl-geartech-ltd-q1fy24-45-rise-in-profits\/","url_meta":{"origin":153535,"position":4},"title":"RACL Geartech Ltd Q1FY24; 45% rise in Profits","author":"Karan_Singh","date":"August 17, 2023","format":false,"excerpt":"RACL Geartech Limited, formerly Raunaq Automotive Components Limited, is an India-based company, which is engaged in automotive gears and components business. Financial Results: RACL Geartech Ltd reported Revenues for Q1FY24 of \u20b988.44 Crores up from \u20b978.23 Crore year on year, a rise of 13.05%. Total Expenses for Q1FY24 of \u20b977.97\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-1185.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1185.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1185.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1185.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1185.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1185.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152957,"url":"https:\/\/alphastreet.com\/india\/hi-tech-pipes-ltd-q1fy24-79-rise-in-profits\/","url_meta":{"origin":153535,"position":5},"title":"Hi-Tech Pipes Ltd Q1FY24; 79% rise in Profits","author":"Hardik Bhandare","date":"August 11, 2023","format":false,"excerpt":"Hi-Tech Pipes business of manufacturing of ERW Steel Round & Section Pipes, cold Rolled Strips & Engineering Products and distribution of the same across india. Financial Results: Hi-Tech Pipes Ltd reported Revenues for Q1FY24 of \u20b9642.17 Crores up from \u20b9516.17 Crore year on year, a rise of 24.41%. Total Expenses\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-763.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-763.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-763.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-763.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-763.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-763.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153535","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\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=153535"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/153537"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=153535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=153535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=153535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}