Murugappa Group reported a 15.2% increase in net profit after tax for FY24, reaching ₹7,885 crore.

Murugappa Group reported a 15.2% increase in net profit after tax for FY24, reaching ₹7,885 crore. Group turnover increased by 4.9% to ₹77,881 crore. EBITDA grew by 10.8% to ₹11,554 crore. Manufacturing entities' ROCE declined to 21.3%, while the financial services business' ROE improved marginally to 19.2%. The group's market cap reached ₹3,44,626 crore, and capital expenditure increased to ₹3,129 crore.

August 19, 2024
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