Auto Parts & Equipment firm Swaraj Engines Announced Q1FY23 Result : Swaraj Engines Q1 PBT rises 17.7% to Rs. 53.12 crores On the strength of good engine demand, SEL reported its ever best quarterly performance in both Engine Sales Volume and Profit. Registering a sales volume growth of 13.9% over the same period last year, the Company posted engine sales of 38,428 units (last year 33,747 units) - the highest ever for any quarter. The Net operating revenue for the first quarter stood at Rs.398.35 crores as compared to Rs. 314.71 crores for the corresponding quarter of last year. While the margins have been impacted due to the rise in commodity prices, the same got mitigated to a large extent with better control on operating costs coupled with the benefit of cost spread on higher volume. Crossing Rs. 50 crore mark for the first time, the quarterly PST at Rs. 53.12 crores - the highest ever quarterly profit - registered a growth of 17.7% over last year's PST of Rs. 45.15 crores. PAT for the quarter was Rs. 39.54 (last year Rs. 33.65 crores) - up 17.5% Result PDF
Automobiles and Auto Components company Swaraj Engines announced Q3FY22 Results: Swaraj Engines Posts Profit Before Tax of Rs. 27.2 crores for Q3FY22 The Company posted sales of 23,836 units in terms of engines sale volume and profit for Q3FY22 Net operating revenue for the third quarter was Rs. 237.50 crore Profit After Tax was Rs. 20.19 crores (last year Rs. 25.02 crores) - a drop of 19.3% Result PDF
Highlights Swaraj Engines Q2 PST rises 24.3% to Rs. 45.31 cr Maintaining the growth trajectory, SEL reported its 5th consecutive quarter of growth Y-o-Y basis. The quarter ended 30th September, 2021 is yet another ever best quarterly performance of the Company - both in terms of engine sales volume and profit. The engine sales volume for the quarter stood at 35,291 units (last year - 34,489 units) - the highest ever quarterly engine sales numbers. The Net operating revenue for the second quarter stood at RS.343.59 crores as compared to Rs. 292.28 crores for the same period last year, an increase of 17.6%. The sharp increase in the commodity prices during the period has impacted the gross margin. However, on account of better control on operating costs, PBT margin improved by 70 basis points over same period last year and stood at 13.1 % The PBT at Rs. 45.31 crores, the highest ever quarterly profit, registered a growth of 24.3% over last year's Rs. 36.44 crores. Result PDF