Harsha Engineers International Q1 Results, PAT Up 46.6% with Strong EBITDA Margin

Harsha Engineers International Limited recently released its financial results for the first quarter of the fiscal year 2024. The company reported a steady revenue of ₹34,316 lakhs, reflecting a slight decrease compared to the previous quarter but showing strong performance compared to the same period last year.

Their profit after tax for the quarter was ₹3,605 lakhs, highlighting their continued profitability. The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) also showed positive growth, with an EBITDA margin of 18.38%, indicating efficient cost management and operational effectiveness.

In addition to these results, Harsha Engineers is focused on enhancing its core operations and investing in sustainability initiatives. The company has also made significant strides by appointing Mr. Chetan Prabhu as Senior Management, who brings over 35 years of experience to the role.

Harsha Engineers is utilizing its IPO funds effectively, having used a substantial portion for repaying debts and investing in new machinery. Overall, the first quarter results underline the company’s robust performance and commitment to growth and innovation.

Harsha Engineers International Q1 Results

Here is a summary of Harsha Engineers International Limited's financial results for the first quarter of 2024:

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Harsha Engineers International Limited

Harsha Engineers International Limited is a company known for making precision parts and high-quality components used in various industries. With a strong global presence, the company has built a reputation for excellence over the past 50 years.

They focus on innovation and sustainability to ensure they stay at the forefront of their industry while being environmentally responsible. Harsha Engineers is dedicated to improving their operations and continuing to deliver top-notch products to their customers worldwide.