Shanthi Gears will hold a meeting of the Board of Directors of the Company on 29 July 2024.Powered by Capital Market - Live News

Shanthi Gears announced that the 51th Annual General Meeting(AGM) of the company will be held on 29 July 2024.Powered by Capital Market - Live News

Shanthi Gears announced that the Board of Directors of the Company at its meeting held on 9 May 2024, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 200%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Shanthi Gears rose 31.90% to Rs 25.68 crore in the quarter ended March 2024 as against Rs 19.47 crore during the previous quarter ended March 2023. Sales rose 24.51% to Rs 153.64 crore in the quarter ended March 2024 as against Rs 123.40 crore during the previous quarter ended March 2023.For the full year,net profit rose 22.67% to Rs 82.25 crore in the year ended March 2024 as against Rs 67.05 crore during the previous year ended March 2023. Sales rose 20.28% to Rs 536.05 crore in the year ended March 2024 as against Rs 445.65 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales153.64123.40 25 536.05445.65 20 OPM %17.3221.60 -18.9920.16 - PBDT36.1329.43 23 122.85101.07 22 PBT31.9126.55 20 109.6490.19 22 NP25.6819.47 32 82.2567.05 23 Powered by Capital Market - Live News

Shanthi Gears will hold a meeting of the Board of Directors of the Company on 9 May 2024.Powered by Capital Market - Live News