Suprajit Engineering Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 09, 2023 at 03:59 am EST
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Suprajit Engineering Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 7,088.74 million compared to INR 7,160.63 million a year ago. Revenue was INR 7,276.1 million compared to INR 6,925.52 million a year ago. Net income was INR 347.59 million compared to INR 457.46 million a year ago. Basic earnings per share from continuing operations was INR 2.51 compared to INR 3.31 a year ago. Diluted earnings per share from continuing operations was INR 2.51 compared to INR 3.3 a year ago.
For the six months, sales was INR 13,885.57 million compared to INR 13,612.47 million a year ago. Revenue was INR 7,378.06 million compared to INR 14,201.62 million a year ago. Net income was INR 678.74 million compared to INR 730.62 million a year ago. Basic earnings per share from continuing operations was INR 4.9 compared to INR 5.28 a year ago. Diluted earnings per share from continuing operations was INR 4.89 compared to INR 5.27 a year ago.
Suprajit Engineering Limited is an India-based company, which is engaged in the business of manufacturing and selling automotive and other components. The Companyâs auto components mainly consist of control cables, speedo cables, auto lamps and other components for automobiles and cater to both domestic and international markets. The Company's product categories include Braking System, Control Cables, Display Cluster and Telematics, Friction Products, Gear Box, Gear Shifter Systems, Lighting Systems, Linear Actuation, and Throttle Controls. Its products include Brake Pads, Brake Shoes, Charging Gun Lock Actuator, Circular USB Charger module, Control Cable Systems, E Twist Throttle, Electronic Foot Throttle, EV 003, Gear Shifter Cable AT, Gear Shifter Cable MT, GY Cable, Halogen Lamps, Hand Brake, Hi-Low Gear shifter, High Force Actuator, Hour Meter (LCD), Inline Clutch, Lever Mounted CBS, Medium Force Actuator 1, Park Release Mechanism, and Rectangular USB Charger module.
SUPRAJIT ENGINEERING LIMITED 
