2024-02-02 10:19:48
Auto parts maker Bricol’s profit after tax rose to Rs 340.18 million in Q3 FY24.
In the 3rd quarter of the current financial year, the company’s revenue grew by 21.61 percent on a year-on-year basis to Rs 5,571.91 million, while earnings before interest, taxes, depreciation and amortization rose by 34.49 percent to Rs. 696.85 million and profit after tax increased by 27.11 percent to Rs.340.18 million.
For the 9 months of the current financial year, the revenue of the company increased by 17.86 percent on a year-on-year basis to Rs. 16,419.57 million, earnings before interest, taxes, depreciation and amortization increased by 18.79 percent to Rs.2,060.58 million and profit after tax increased by 4.46 percent to Rs.991.10 million. Daimler Trucks’ award for technology and innovation was presented at the company’s annual Supplier Meet 2023 event.
The company has received the Gold Award from JCP for Best Quality Performance and Tata Motors for Total Quality Management. Commenting on the outstanding performance of Bricol, Managing Director Vikram Mohan said, ‘We have achieved this growth due to our continuous efforts and excellent team of employees. We have been receiving numerous awards from various clients due to our excellent work. This further strengthens their confidence in our work and our commitment to excellence in all aspects of business operations. This growth is likely to increase in the coming years. Through this, all our stakeholders will get additional benefit in the coming years” he said.
#Confidence #work #Covai #Mail