Sansera Engineering on Tuesday said its consolidated net profit dipped five per cent to Rs 35.42 crore in the March quarter.
The consolidated net profit of the company was Rs 37.36 crore in the quarter ended on March 31, 2022, a company statement said.
Total income increased to Rs 623.04 crore in the quarter under review, from Rs 580.82 crore in the same period a year ago.
However, the consolidated net profit in the fiscal 2022-23, grew 12 per cent to Rs 148.34 crore, from Rs 131.89 crore in the same period in 2021-22.
The total income rose to Rs 2,356.11 crore in the fiscal ended March 31, from Rs 2,004.53 crore in 2021-22.
The board of directors has recommended a dividend of 125 per cent of the face value of Rs 2.50 per equity share for FY'23.
From Adani Wilmar to Havells India: Q4 results to watch out for today
From Ambuja Cements to Tata Steel: Q4 results to watch out for today
NIM expansion, loan growth: Top 5 things to track in SBI's Q4FY23 results
ITC, SBI, and others: These companies will declare their Q4 results today
Congress will emerge victorious: Party leaders on Karnataka poll counting
EIH Ltd reports its highest ever full-year consolidated revenue in FY22-23
Ashok Leyland Q4 results: Consolidated net profit falls 17% to Rs 751 crore
Varroc Engineering swings to profit on strong demand in March quarter
Garware Technical Fibres Q4 consolidated PAT up 11% QoQ at Rs 59.6 cr
Bajaj Electricals Q4 profit up 34% YoY to Rs 52 cr, total revenue rises 12%
"We finished another year with our best-ever performance with a topline of Rs 23,561 million and 16.8 per cent EBITDA. The momentum is expected to continue as we start the current fiscal year with a solid order book for Rs 13,279 million," said B R Preetham Group CEO, Sansera Engineering.
Going ahead, "we expect an even better FY'24 as our end markets, both auto and non-auto, are showing signs of strong growth in India and overseas," Preetham added.
The company's order book with annual peak revenues stood at around Rs 1,330 crore after removing orders that moved to mass production in FY23.
Its net debt stood at Rs 650.5 crore (March-23).
Sansera Engineering Limited was incorporated in 1981. It is an engineering-led integrated manufacturer of complex and critical precision engineered components across automotive and non-automotive sectors.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)