JTEKT India will hold a meeting of the Board of Directors of the Company on 1 August 2024.Powered by Capital Market - Live News

JTEKT India announced that the Board of Directors of the Company at its meeting held on 30 May 2024, inter alia, have recommended the final dividend of Rs 0.6 per equity Share (i.e. 60%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of JTEKT India rose 31.02% to Rs 34.30 crore in the quarter ended March 2024 as against Rs 26.18 crore during the previous quarter ended March 2023. Sales rose 19.22% to Rs 632.08 crore in the quarter ended March 2024 as against Rs 530.18 crore during the previous quarter ended March 2023.For the full year,net profit rose 22.66% to Rs 106.86 crore in the year ended March 2024 as against Rs 87.12 crore during the previous year ended March 2023. Sales rose 9.86% to Rs 2245.49 crore in the year ended March 2024 as against Rs 2043.93 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales632.08530.18 19 2245.492043.93 10 OPM %11.039.51 -9.589.14 - PBDT71.8451.15 40 220.49190.64 16 PBT48.8631.91 53 139.05117.44 18 NP34.3026.18 31 106.8687.12 23 Powered by Capital Market - Live News

JTEKT India will hold a meeting of the Board of Directors of the Company on 30 May 2024Powered by Capital Market - Live News

JTEKT India has received reaffirmation in long-term rating at [ICRA]AA (pronounced ICRA Double A) and the short-term rating at [ICRA]A1+(pronounced ICRA A One Plus)(�Rating�). The outlook on the long-term rating is Stable.Powered by Capital Market - Live News