Swaraj Engines Ltd has delivered an exceptional financial performance for the March quarter, driving its shares up by 10% to hit a record high. The company reported a net profit of 454.2 million rupees, showcasing its ability to maintain profitability amidst challenging market conditions.
Revenue from operations stood at 4.54 billion rupees, reflecting strong demand for its products and efficient cost management. This growth underscores Swaraj Engines’ resilience and operational excellence in the competitive engine manufacturing sector.
The impressive quarterly results have fueled investor confidence, with the company’s shares reaching an all-time high. Swaraj Engines continues to focus on innovation and customer-centric strategies, solidifying its position as a key player in the industry.
Key Highlights:
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- Swaraj Engines Ltd reports a net profit of 454.2 million rupees for the March quarter.
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- Revenue from operations reaches 4.54 billion rupees, driven by strong demand and cost efficiency.
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- Shares surge by 10%, hitting a record high on the back of robust financial performance.
Sources: Swaraj Engines Ltd, Economic Times, Moneycontrol.