Suprajit Engineering has signed the closing memorandum for Asset and business acquisition in Germany and equity purchase in Poland and Morocco as First Stage of acquisition of the business of Stahlschmidt Cable Systems (SCS). Powered by Capital Market - Live News

Net profit of Suprajit Engineering rose 44.23% to Rs 59.15 crore in the quarter ended March 2024 as against Rs 41.01 crore during the previous quarter ended March 2023. Sales rose 12.03% to Rs 783.12 crore in the quarter ended March 2024 as against Rs 699.01 crore during the previous quarter ended March 2023.For the full year,net profit rose 9.97% to Rs 167.27 crore in the year ended March 2024 as against Rs 152.11 crore during the previous year ended March 2023. Sales rose 5.21% to Rs 2895.86 crore in the year ended March 2024 as against Rs 2752.36 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales783.12699.01 12 2895.862752.36 5 OPM %12.0612.46 -11.1511.36 - PBDT100.9781.22 24 331.52315.70 5 PBT73.4558.09 26 227.78220.24 3 NP59.1541.01 44 167.27152.11 10 Powered by Capital Market - Live News

Suprajit Engineering announced that the Board of Directors of the Company at its meeting held on 29 May 2024, inter alia, have recommended the final dividend of Rs 1.4 per equity Share (i.e. 140%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Suprajit Engineering will hold a meeting of the Board of Directors of the Company on 29 May 2024Powered by Capital Market - Live News

Suprajit Engineering announced that the relocation of the manufacturing facility of Shanghai Lone Star Cable Co., is now fully operational and the new plant was inaugurated by Fang Wei, the Mayor of Qingcun Town, Fengxian, K. Ajith Kumar Rai, Founder & Chairman and James Ryan, President -Global Operations, Suprajit Group today.Powered by Capital Market - Live News