Suprajit Engineering reported a 15.16% YoY net profit increase, revenue growth, and a Rs 112.5 crore share buyback in Q1 FY25.
Suprajit Engineering reported a 15.16% year-on-year increase in Q1 FY25 net profit to Rs 38.14 crore, and revenue from operations grew by 8.12% to Rs 734.86 crore. The company's board approved a Rs 112.5 crore share buyback, with a buyback size of up to 15 lakh fully paid-up shares. Suprajit Engineering, India's largest automotive cable and halogen bulb manufacturer, reported strong Q1 earnings and a share buyback, resulting in a record high stock price.
August 16, 2024
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