Mohindra Fasteners has released its financial results for FY24
20 August 2024
The company has announced its FY24 results, showing a modest improvement in performance. Revenue rose by 3.1%, increasing from ₹172 crore in FY23 to ₹177 crore in FY24. The company achieved a net profit of ₹16 crore in FY24, reflecting a year-on-year growth of 6.7% compared to FY23.
Despite the increase in net profit, Earnings Per Share (EPS) increased slightly from ₹25.95 in FY23 to ₹26.42 in FY24, showing a growth of 1.8%.
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