Carrier Airconditioning Unlisted Shares FY24 Results - Revenue, Profit & Future Plan | Carrier AC

Revenue and Profitability: In FY24, Carrier’s revenue increased by 6%, rising from ₹2,013 crore to ₹2,131 crore. Meanwhile, its profit jumped by 37%, from ₹110 crore to ₹151 crore. Consequently, EPS also rose by 37%, going from ₹10 to ₹14 in FY24.

Future Outlook: The company has outpaced market growth and increased its share in the VRF and Light Commercial sectors. It has launched new projects for localized manufacturing in India and further boosted localization by acquiring Toshiba in 2022.

Its PE ratio is 41, which is quite low compared to its peers. Given Carrier AC Pre IPO financials, future outlook, and valuation, we see this as an investable opportunity. So, if you're considering investing in Carrier Airconditioning Unlisted Shares, call Planify and make your money fly!

About Carrier Airconditioning and Refrigeration Pre IPO:

Carrier Air Conditioning and Refrigeration is a renowned global leader in providing innovative heating, air conditioning, and refrigeration solutions. With a rich history dating back to the invention of modern air conditioning, Carrier has been at the forefront of technological advancements in the industry. Their comprehensive range of products and services caters to a diverse clientele, including residential, commercial, industrial, and transportation sectors. Carrier's commitment to energy efficiency, sustainability, and customer satisfaction has solidified its position as a trusted and reliable brand worldwide.