AIA Engineering Q1 results show revenue fell from 1337.36 crores to 1299.09 crores, a -2.86% decrease in growth. EPS rise from ₹28.43 to ₹28.87, up by 1.55%.
First, Let’s Begin with Quarter-on-Quarter Basis:
AIA Engineering shared its Q1 results on Wednesday. They earned 1299.09 crores in revenue this quarter, but that’s less than the 1337.36 crores they made last quarter. Unfortunately, the company’s growth decreased by -2.86 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 272.34 crores, up from 268.19 crores in the previous quarter. Their quarter-to-quarter growth increased by 1.55 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹28.87, which is an increase of 1.55% from the ₹28.43 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 1299.09 crores this year (2023), which is 18.06 percent higher than last year’s total revenue of 1100.33 crores.
This year’s PAT (Profit After Tax) is 272.34 crores, which is also 42.98% higher than last year’s PAT of 190.47 crores.
The EPS (Earnings Per Share) for this year is ₹28.87, which is 42.99% more than the EPS of ₹20.19 earned last year.
AIA Engineering Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About AIA Engineering:
AIA Engineering Ltd. is a manufacturer of high chromium wear, corrosion, and abrasion-resistant components utilized in the cement, mining, and thermal power generation sectors.
Download the Full PDF of AIA Engineering Q1 Results: Click Here
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