Heavy Electrical Equipment company Voltamp Transformers announced Q2FY24 results:<br><br>1. Sales and Services Revenue:<br>- The total revenue from operations in Q2FY24 was Rs 381.39 crore.<br>- The sales volume (MVA) for Q2FY24 was 2,935.<br>- The net sales and services income for Q2FY24 was Rs 381.39 crore.<br><br>2. Financial Results:<br>- The net profit before tax for Q2FY24 was Rs 83.64 crore.<br>- The operating profit for Q2FY24 was Rs 66.26 crore.<br>- The EBITDA margin for Q2FY24 was 18.03%.<br><br>3. Other Income:<br>- The company received Rs 17.91 crore as other income in Q2FY24.<br>- The other income included interest income from tax-free and taxable bonds as well as capital gains from short-term and long-term investments.<br><br>4. Working Capital:<br>- The receivables as of September 2023 were Rs 206.53 crore.<br>- The inventory as of September 2023 was Rs 206.02 crore.<br>- The creditors as of September 2023 were Rs 16.12 crore.<br>- The investments in the business as of September 2023 were Rs 809.37 crore.<br><br>5. Recasted Employee Cost:<br>- The employee cost on the payroll was Rs 13.45 crore, and on contract, it was Rs 5.99 crore, in Q2FY24.<br><br><br><br><br><br>Result PDF