Sansera Engineering Q1 Results | Net earnings up 11% to ₹50 crore, earnings increases 13% to ₹743 crore

Sansera Engineering Q1 Results | Net earnings up 11% to ₹50 crore, earnings increases 13% to ₹743 crore

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HomeMarket NewsStocks NewsSansera Engineering Q1 Results | Net revenue up 11% to ₹50 crore, income increases 13% to ₹743 crore

Shares of Sansera Engineering Ltd ended at ₹1,385.20, down by ₹38.05, or 2.67% on the BSE.

Sansera Engineering Q1 Results | Net profit up 11% to ₹50 crore, revenue rises 13% to ₹743 crore

Auto element maker Sansera Engineering Ltd on Thursday (August 8) reported a 10.8% year-on-year (YoY) boost in web earnings at ₹50.1 crore for the veryfirst quarter that ended June 30, 2024.

In the matching quarter, Sansera Engineering published a internet revenue of ₹45 crore, the business stated in a regulative filing. The business’s profits from operations increase 12.7% to ₹743.9 crore as versus ₹660 crore in the matching duration of the preceding financial.

At the operating level, EBITDA was up 12% to ₹127.5 crore in the veryfirst quarter of this financial over ₹113.8 crore in the matching duration in the previous financial.

Also Read: SAIL Q1 Results | Net revenue topples 62% to ₹82 crore, missesouton approximates by a mile

EBITDA margin stood at 17.1% in the reporting quarter as compared to 17.2% in the matching duration in the previous financial. EBITDA is profits before interest, tax, devaluation, and amortisation.

Sansera Engineering reported a 12% year-over-year development in domestic profits, while global incomes grew by 17% year-on-year. The business saw an enhancement in gross margins by around 2 portion points throughout the quarter.

However, EBITDA margins stayed flat, mainly due to increased staffmember expenses and greater logistics expenditures. The contribution of the leading 5 consumers reduce

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