Igarashi Motors India Q1 Results Revenue Increases to ₹22,207.06 Lakhs, PAT Reaches ₹816.03 Lakhs

Igarashi Motors India recently announced its financial results for the first quarter of 2024-2025, ending June 30, 2024. The company, which specializes in manufacturing and exporting Permanent Magnet DC Motors for the automotive sector, saw a significant increase in revenue during this period.

Their total income for the quarter was ₹22,344.36 lakhs, up from ₹16,914.95 lakhs in the same quarter last year. This growth highlights Igarashi Motors' strong performance and its continued leadership in producing actuator motors for passenger cars.

In terms of profitability, Igarashi Motors reported a profit of ₹816.03 lakhs for the quarter, compared to ₹142.53 lakhs in the previous year. This increase in profit reflects the company's efficient management of expenses and higher sales.

Despite some fluctuations in costs and other expenses, Igarashi Motors' financial health appears robust, setting a positive tone for the rest of the fiscal year. The company’s solid performance is evident in its improved earnings per share, which stood at ₹2.59, up from ₹0.45 a year ago.

Igarashi Motors India Q1 Results 2024 - 2025

Here's a summary of Igarashi Motors India's financial results for the first quarter of 2024-2025, ending June 30, 2024. The company has shown strong performance in terms of revenue and profitability compared to the previous year. Below is a table outlining the key financial figures:

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Igarashi Motors India Current Market Overview

Igarashi Motors India is performing well in the stock market, with its share price at ₹658, up by 11.19% as of August 8. The company has a market value of ₹2,067 crore, and its stock price has ranged from ₹402 to ₹692 recently.

It has a high Price-to-Earnings (P/E) ratio of 127 and a book value of ₹142 per share. The dividend yield is low at 0.15%, and the company's Return on Capital Employed (ROCE) is 4.74% with a Return on Equity (ROE) of 2.16%. Overall, the company shows good growth, indicating positive market confidence.

Quarterly Results

Below is the table of Igarashi Motors India's quarterly financial performance for the periods ending December 2023, March 2024, and June 2024. This table highlights key metrics such as sales, expenses, and profit figures.

About Igarashi Motors India

Igarashi Motors India is a company that produces and exports Permanent Magnet DC Motors, which is primarily used in the automotive industry. Established in 1996, it specializes in motors for electronic throttle control systems in passenger cars.

With over 500 million DC motors delivered globally, Igarashi Motors is a key player in the automotive component market. The company is known for its high-quality actuator motors and continues to lead in innovation within the industry.