ANI PR Wire
09 Nov 2023, 18:32 GMT+10
PNN
Mumbai (Maharashtra) [India], November 9: Uravi T & Wedge Lamps Limited (NSE Code: URAVI) is one of the leading manufacturer and supplier of incandescent and wedge -based automotive lamps, has announced its unaudited financial result for Q2 and H1 FY24.
Key Financials at a Glance:
Q2 FY24:
* Total Revenue Rs 1081.55 Lakhs vs Rs 942.25 Lakhs in Q2FY23
* EBITDA Rs 193.18 Lakhs vs Rs197.88 Lakhs in Q2 FY23
* EBITDA Margin 17.86% vs 21.00% in Q2 FY23
* PAT Rs 57.53 Lakhs vs Rs 35.71 Lakhs in Q2 FY23
* PAT Margin 5.32% vs 3.79% in Q2 FY23
* EPS Rs 0.52 vs Rs 0.32 in Q2 FY23
H1 FY24:
* Total Revenue Rs 1976.05 Lakhs vs Rs 1832.40 Lakhs in H1 FY23
* EBITDA Rs 356.39 Lakhs vs Rs 325.44 Lakhs in H1 FY23
* EBITDA Margin 18.04% vs 17.76% in H1 FY23
* PAT Rs 119.49 Lakhs vs Rs 90.07 Lakhs in H1 FY23
* PAT Margin 6.05% vs 4.92% in H1 FY23
* EPS Rs 1.09 vs Rs 0.82 in H1 FY23
Commenting on company's performance, Niraj D. Gada, Managing Director & CEO said, "H1 FY24 has commenced on a highly positive note, marked by significant improvements in our profitability, which can be attributed to a series of well-executed strategic initiatives.
We are trusted suppliers to tier 1 partners of major industry-leading OEMs. This demonstrates our commitment to delivering top-quality products from our extensive portfolio, further solidifying our position as the preferred supplier in the market.
As we look ahead, our optimism for future growth remains unwavering, driven by our strong performance and the strategic steps we've taken to bolster our presence and reputation in the industry."
(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
Get a daily dose of Kolkata Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kolkata Sun.
More InformationECAULT BEACH, France: On clear days, the white cliffs of the United Kingdom, are visible from northern France, where men, women, and...
ATLANTA, Georgia: The United States is facing its worst measles outbreak in more than three decades, with 1,288 confirmed cases so...
In the past month alone, 23 Israeli soldiers have been killed in Gaza—three more than the number of remaining living hostages held...
LONDON, U.K.: At least 13 people are believed to have taken their own lives as a result of the U.K.'s Post Office scandal, in which...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
WASHINGTON, D.C.: An elaborate impersonation scheme involving artificial intelligence targeted senior U.S. and foreign officials in...
RIO DE JANEIRO, Brazil: At a two-day summit over the weekend, the BRICS bloc of emerging economies issued a joint declaration condemning...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...
New Delhi [India], July 12 (ANI): At the unveiling of Queering the Law: Beyond Supriyo, retired Supreme Court Judge Sanjay Kishan Kaul...
New Delhi [India], July 12 (ANI): Noting that Indian strikes during Operation Sindoor were a message about its capability not just...