On year on year basis, the company’s net profit declined 2.68% YoY while revenue from operations grew 9.08% in March 2024 quarter.
Profit before tax stood at Rs 236.22 crore in Q4 FY24, down 2.68% from Rs 242.73 crore in corresponding quarter last year.
EBITDA during the quarter stood at Rs 457 crore; registering a growth of 3% on YoY basis. EBITDA margin slipped 60 bps YoY to 10.3% during the period under review.
On full year basis, the company's consolidated net profit climbed 29.38% to Rs 825.11 crore on 12.67% rise in revenue from operations to Rs 16,152.98 crore in FY24 over FY23.
In the conductor business, the revenue grew 10% YoY with volumes growing 14% YoY during Q4, driven by robust demand for AL-59 and premium conductors. The order book as at the end of Q4 ...
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