Share Market News: Pritika Auto Reports Net Profit of Rs 1.93 Crore in Q4 FY24

Share Market Information: Pritika Auto Studies Internet Revenue of Rs 1.93 Crore in This autumn FY24

For the complete yr,internet revenue declined 15.18% to Rs 12.57 crore within the yr ended March 2024 as towards Rs 14.82 crore in the course of the earlier yr ended March 2023.

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Share Market Information: Pritika Auto Industries has reported a internet revenue of Rs 1.93 crore within the quarter ended March 2024. It was Rs 1.89 crore throughout the identical quarter a yr in the past. Nevertheless, the income Gross sales declined 6.33% to Rs 82.58 crore within the quarter ended March 2024 as towards Rs 88.16 crore in the course of the earlier quarter ended March 2023.

Commenting on the outcomes, Harpreet Singh Nibber, Chairman& Managing Director, Pritika Auto Industries Restricted stated, “We now have made important progress in enhancing our operational effectivity, resulting in a yearover-year gross revenue improve of 1,081basis factors because of the synergy with PIL, via which we provide machined casted merchandise and it has additional contributed to a year-over-year improve of 34.41 per cent in EBITDA per tonne.”

For the complete yr,internet revenue declined 15.18% to Rs 12.57 crore within the yr ended March 2024 as towards Rs 14.82 crore in the course of the earlier yr ended March 2023. Gross sales declined 5.51% to Rs 342.09 crore within the yr ended March 2024 as towards Rs 362.03 crore in the course of the earlier yr ended March 2023.

Monetary Outcomes Highlights for the quarter ended thirty first March 2024: Manufacturing volumes for This autumn FY24was at 8,813 tons, as towards 9,929 tons in This autumn FY23 Internet Income for the quarter was Rs. 82.58 crore in This autumn FY24, as towards Rs. 88.16 crore in This autumn FY23.

EBITDAwas at Rs. 11.40 crore in This autumn FY24 as towards Rs.8.91 crore in This autumn FY23.EBITDA per ton alsoimproved by 44.06percentYoY Revenue after Tax was at. 2.59 crore in This autumn FY24

Fundamental EPS stood at Rs.0.18 in This autumn FY24

Monetary Outcomes Highlights for the Full Yr ended thirty first March 2024:

Manufacturing volumes for FY24 was at 36,772 tons, as towards 39,116 tons in FY23. Internet Income for the yr ended was Rs. 342.09 crore in FY24, as towards Rs. 362.03 crore in FY23. EBITDA was at Rs.52.48 crore in FY24 as towards Rs. 41.53 crore in FY23. Revenue after Tax was at Rs. 16.85 crore in FY24, whereas Fundamental EPS stood at Rs. 1.18 in FY24.



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