Amalgamation Repco has released its financials for FY24

14 August 2024

The financial performance of Amalgamation Repco for FY24 shows a significant decline in several key metrics compared to FY23. The total revenue has decreased by 7%, amounting to ₹201 Cr in FY24 from ₹216 Cr in FY23. There is a sharp drop in profit after tax (PAT) by 66%, down to ₹1 Cr. in FY24 from ₹4 Cr in FY23. Similarly, earnings per share (EPS) also fell by 66%, reaching ₹13 in FY24 from ₹38 in FY23.

Total assets have reduced by 14%, standing at ₹87 Cr. as compared to assets worth ₹101 Cr. in FY23. Despite these declines, total equity has seen a slight increase of 1%, rising to ₹34 Cr.

This suggests the company is facing substantial challenges, particularly in profitability and asset management, while managing to maintain a stable equity base.