rediff.com

Amara Raja Energy Q4 Profit Surges 62% to Rs 230 Cr

Share on:

By Rediff Money Desk, New Delhi   May 28, 2024 20:27

Amara Raja Energy & Mobility's Q4 net profit jumps 62% to Rs 230 crore, driven by revenue growth. The company also declared a final dividend of Rs 5.10 per share.
New Delhi, May 28 (PTI) Amara Raja Energy & Mobility on Tuesday said its consolidated profit after tax rose 62 per cent to Rs 230 crore for the fourth quarter ended March 2024.

The company had reported a profit after tax of Rs 142 crore in the January-March quarter of 2022-23 fiscal.

Revenue from operations rose to Rs 2,908 crore for the fourth quarter as against Rs 2,433 crore in the year-ago period, Amara Raja Energy & Mobility said in a regulatory filing.

For the year ended on March 31, 2024, the company reported a profit after tax of Rs 934 crore as against Rs 731 crore in the 2022-23 financial year.

Revenue from operations for the last fiscal rose to Rs 11,708 crore as compared to Rs 10,392 crore in FY23.

The company said its board has approved a final dividend of Rs 5.10 per share.

Shares of the company on Tuesday settled 2.21 per cent higher at Rs 1,246.45 apiece on the BSE.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

More »

Moneywiz Live!