{"id":157032,"date":"2023-12-01T04:39:06","date_gmt":"2023-12-01T09:39:06","guid":{"rendered":"https:\/\/44.250.171.167\/?p=157032"},"modified":"2023-12-01T04:39:07","modified_gmt":"2023-12-01T09:39:07","slug":"pitti-engineering-ltd-q2fy24-130-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/pitti-engineering-ltd-q2fy24-130-rise-in-profits\/","title":{"rendered":"Pitti Engineering Ltd Q2FY24; 130% rise in Profits"},"content":{"rendered":"\n<p>Pitti Engg. is engaged in the manufacturing of Electrical Steel Laminations, Motor Cores, Sub-Assemblies, Die-Cast Rotors, Press Tools and machining of metal components.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Pitti Engineering Ltd reported Revenues for Q2FY24 of \u20b9290.00 Crores down from \u20b9304.00 Crore year on year, a fall of 4.61%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b9271.00 Crores down from \u20b9291.00 Crores year on year, a fall of 6.87%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b923.00 Crores up 130.0% from \u20b910.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b97.04, up 122.08% from \u20b93.17 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-12-839x1024.png\" alt=\"\" class=\"wp-image-157033\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-12-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-12-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-12-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-12-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-12.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\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\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/ASAI-Product-2.gif\" alt=\"\" class=\"wp-image-157002\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Pitti Engg. is engaged in the manufacturing of Electrical Steel Laminations, Motor Cores, Sub-Assemblies, Die-Cast Rotors, Press Tools and machining of metal components. Financial Results: Pitti Engineering Ltd reported Revenues for Q2FY24 of \u20b9290.00 Crores down from \u20b9304.00 Crore year on year, a fall of 4.61%. Total Expenses for Q2FY24 of \u20b9271.00 Crores down from [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":157033,"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":[105,392,5753],"tags":[13546,13547,13548],"class_list":["post-157032","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-electrical-steel-laminates","tag-motor-cores","tag-press-tools"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-12.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":153948,"url":"https:\/\/alphastreet.com\/india\/pitti-engineering-ltd-q1fy24-17-rise-in-profits\/","url_meta":{"origin":157032,"position":0},"title":"Pitti Engineering Ltd Q1FY24; 17% rise in Profits","author":"Karan_Singh","date":"August 15, 2023","format":false,"excerpt":"Pitti Engg. is engaged in the manufacturing of Electrical Steel Laminations, Motor Cores, Sub-Assemblies, Die-Cast Rotors, Press Tools and machining of metal components. Financial Results: Pitti Engineering Ltd reported Revenues for Q1FY24 of \u20b9290.00 Crores down from \u20b9311.00 Crore year on year, a fall of 6.75%. Total Expenses for Q1FY24\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-1086.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1086.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1086.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1086.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1086.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1086.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156953,"url":"https:\/\/alphastreet.com\/india\/harsha-engineers-international-ltd-q2fy24-29-fall-in-profits\/","url_meta":{"origin":157032,"position":1},"title":"Harsha Engineers International Ltd Q2FY24; 29% fall in Profits","author":"Hardik Bhandare","date":"November 30, 2023","format":false,"excerpt":"Incorporated in 2010, Harsha Engineers Ltd is a leading engineering company that offers a diversified suite of products across geographies and end-user industries. It manufactures brass, steel, and polyamide cages and stamped components with production facilities located in Asia (India & China) and in Europe (Romania). Financial Results: Harsha Engineers\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\/11\/image-413.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-413.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-413.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-413.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-413.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-413.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157349,"url":"https:\/\/alphastreet.com\/india\/suprajit-engineering-ltd-q2fy24-24-fall-in-profits\/","url_meta":{"origin":157032,"position":2},"title":"Suprajit Engineering Ltd Q2FY24; 24% fall in Profits","author":"Chirag Gupta","date":"December 14, 2023","format":false,"excerpt":"Suprajit Engineering promoted by Mr Ajith Kumar Rai, started as a single-product (cables) to TVS Motor in 1985. Over the years, Suprajit has emerged as the largest supplier (market share of ~65%) of mechanical cables to the domestic 2W and passenger vehicle (PV) market with rising revenue share from aftermarket\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\/12\/image-110.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-110.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-110.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-110.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-110.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-110.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157120,"url":"https:\/\/alphastreet.com\/india\/rajratan-global-wire-ltd-q2fy24-17-fall-in-profits\/","url_meta":{"origin":157032,"position":3},"title":"Rajratan Global Wire Ltd Q2FY24; 17% fall in Profits","author":"Chirag Gupta","date":"December 6, 2023","format":false,"excerpt":"Rajratan Global Wire Ltd was established in 1989, it manufactures bead wire, high-carbon steel wire with specialisation in TBW, which is bronze-coated and used in tyres and drawn steel wire (known as black wire), used in automobile, construction and engineering industries. Financial Results: Rajratan Global Wire Ltd reported Revenues 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\/12\/image-38.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-38.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-38.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-38.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-38.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-38.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155139,"url":"https:\/\/alphastreet.com\/india\/sasken-technologies-ltd-q2fy24-50-fall-in-profits\/","url_meta":{"origin":157032,"position":4},"title":"Sasken Technologies Ltd Q2FY24; 50% fall in Profits","author":"Chirag Gupta","date":"October 20, 2023","format":false,"excerpt":"Established in 1989, Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, and Transportation industries, etc.Located in India, the company has presence all over the world Financial Results: Sasken Technologies Ltd reported\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\/10\/image-72.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-72.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-72.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-72.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-72.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-72.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156208,"url":"https:\/\/alphastreet.com\/india\/steel-exchange-india-ltd-q2fy24-14-fall-in-revenue\/","url_meta":{"origin":157032,"position":5},"title":"Steel Exchange India Ltd Q2FY24; 14% fall in Revenue","author":"Chirag Gupta","date":"November 15, 2023","format":false,"excerpt":"Incorporated in 1999, Steel Exchange India Ltd. is engaged in manufacturing and sale of steel and related products and generation of power. Financial Results: Steel Exchange India Ltd reported Revenues for Q2FY24 of \u20b9269.45 Crores down from \u20b9314.53 Crore year on year, a fall of 14.33%. Total Expenses for Q2FY24\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\/11\/image-182.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-182.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-182.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-182.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-182.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-182.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/157032","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=157032"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/157032\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/157033"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=157032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=157032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=157032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}