Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Swaraj Engines Posted PAT of Rs. 12.9 crores for FY20 Q3

Posted On: 2020-01-28 17:29:04

The Board of Directors of Swaraj Engines Limited (SEL) met today to consider and approve the financial results for the third quarter and nine month period ended 31st December, 2019.

Q3 (Oct. - Dec. 2019)

In the backdrop of continued de-growth witnessed in the tractor industry in Q3 of FY20 as well, the Company's engine sales for the third quarter ended 31st December, 2020 stood at 19,797 units as compared to 22,569 units during same period last year.

Reflecting the above, the Company's net operating revenue for the third quarter was Rs. 170.07 crores (last year Rs. 198.72 crores). Profit Before Tax (PBT) for this quarter stood at Rs. 17.33 crores (last year Rs. 26.80 crores) and Profit After Tax was Rs. 12.89 crores (last year Rs. 17.34 crores).

Nine month period (Apr. - Dec. 2019)

The engine sales volume for the nine month period ended 31 st December, 2019 was 69,101 units as against 77,871 units sold during the corresponding period of last year.

On cumulative operating revenue of Rs. 598.17 crores (last year Rs. 680.27 crores), Profit Before Tax for the nine month period stood at Rs. 71.64 crores (last year Rs. 101.64 crores) and Profit After Tax at Rs. 55.20 crores (last year Rs. 65.77 crores).

Shares of SWARAJ ENGINES LTD. was last trading in BSE at Rs.1301 as compared to the previous close of Rs. 1341.35. The total number of shares traded during the day was 210 in over 107 trades.

The stock hit an intraday high of Rs. 1330 and intraday low of 1300. The net turnover during the day was Rs. 276092.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

IndiGo launches direct flights from Pune to Chandigarh and Indore

BHEL launches 'Quality First' Initiative

L&T constructs World's Largest Cricket Stadium at Motera, Ahmedabad

USFDA conducts inspection at Unichem Laboratories Limited's API facility at Roha

Thomas Cook India wins Best Outbound Tour Operator Award at the Outlook Traveller Awards 2020

Gravita India Ltd board declares interim dividend of Rs. 0.70

Pudumjee Paper Products Ltd Board approves interim dividend of Rs. 0.20 for FY20

Coastal Corporation Ltd board declares interim dividend of Rs. 1.50

ABM Knowledgeware Ltd bags order of Rs. 103.5 crore

AMJ Land Holdings Ltd Board approves interim dividend of Rs. 0.20

KNR Constructions Ltd board to consider interim dividend on Mar 10, 2020

Supreme Industries Ltd board to consider 2nd interim dividend on Feb 28, 2020

Paisalo Digital Ltd board approves issue of NCDs

Exide Industries Ltd board declares 2nd interim dividend of Rs. 2.50

Maruti Suzuki launches the all new powerful and stylish Vitara Brezza, powered by 1.5 litre K-series BS6 petrol engine

Goa Carbon resumes production at Goa unit from Feb 23, 2020

RPP Infra Projects wins a new order worth INR 98.15 Crores

SPIC announces shut down of plant

LG Balakrishnan & Bros Ltd Board declares Interim Dividend

Endurance Technologies Ltd board to consider interim dividend on Mar 3, 2020

LTTS awarded global services deal from Sweden's Dometic Group

Aditya Birla Capital Ltd receives DEA approval for investment by Jomei

KEC International Ltd announces acquisition of Power Transmission Tower manufacturing facility in Dubai

HOEC announces successful drilling of first well D-2 in Mumbai Offshore

Motherson Sumi Systems Ltd board to consider interim dividend on Feb 28, 2020

NLC India Ltd updates on arbitration award

Lasa Supergenerics Ltd to acquire Harishree Aromatics and Chemicals Pvt Ltd

KSB Ltd launches FGD KWPK

Pee Cee Cosma Sope Ltd board declares interim dividend of Rs. 3 for FY2019-20

Sacheta Metals Ltd declares interim dividend of Rs. 0.20 for FY20

Alufluoride Ltd board declares interim dividend of Rs. 2 for 2019-20

Biocon's Insulin Manufacturing Facility in Malaysia gets 3 obsevations from U.S. FDA (PAI) inspection

PNB Housing Finance Limited's ratings downgraded to 'CRISIL AA/FAA+ / Stable'

UPL Corporation Ltd prices $400 million bonds

Dilip Buildcon Ltd executes EPC agreement with AAI for project in Gujarat

USFDA conclude inspections at Solara's Puducherry and Mangalore facility with zero 483 observations

Hind Rectifiers Limited gets 26930 Sq Mtrs land on lease from MIDC

Vesuvius India Ltd Board recommends Dividend of Rs. 8.74

M&M to sell clean energy subsidiaries to CLP India Pvt. Ltd.

Apollo Tyres Ltd board to consider preferential issue, interim dividend

Alkem's manufacturing facility at Baddi receives 2 observations from USFDA

Gulshan Polyols Ltd board declares interim dividend of Rs. 0.70

Vesuvius India Ltd Q4 PAT up at Rs. 22.70 crore

Strides Consumer announces its strategic entry into Northern India

Sahyadri Industries Ltd board declares interim dividend of Rs. 2.5 for FY2019-20

Anuh Pharma Ltd board declares interim dividend of Rs. 2.75 for FY20

PVR Ltd Opens Multiplex at Nilamber Triumph Mall in Vadodara, Gujarat

Chemcrux Enterprises Ltd Board to consider Interim Dividend on Feb 27, 2020

Muthoot Finance Ltd raises USD 550 million from International Bond Markets

TCS UK Named in The Sunday Times List of Best Big Companies to Work For 2020







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019