Auto Parts & Equipment firm Shanthi Gears Announced Q1FY23 Result :

• Shanthi Gears Net Profit Up by 57%
• Revenue of Rs 99 Crs in the quarter with a growth of 48% over Q1 of previous year.
• The Profit before tax for the quarter up by 54% at Rs 17.7 Crores as against Rs 11.5 Crores in Q1 of previous year. The Profit before tax % to Sales was 18% for Q1.
• Focus on cost optimisation and lower capital employed enabled to sustain healthy Return on average Invested Capital (ROIC) to 45% during Q1
• The Company generated Free Cash Flow of Rs 17.5 Crores during Q1. Free Cash Flow to PAT is 130% in Q1.
• During the quarterthe Company booked orders for Rs 105 Crores(against Rs 84 Crores for corresponding quarter of the previous year) and Pending order book as on 30th June 2022 was Rs 274 Crores (against Rs 235 Crores in corresponding quarter of the previous year).

Result PDF