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