Shanthi Gears Q4 net jumps 60% on increased sales volumes

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Shanthi Gears Q4 net jumps 60% on increased sales volumes


Shanthi Gears Ltd.’s (SGL) standalone web revenue for the quarter ended March jumped 60% from the year-earlier interval to ₹19 crore as a result of increased sales volumes.

Revenue from operations increased 19% to ₹123 crore, whereas value of supplies consumed increased marginally to ₹57 crore from ₹56 crore, the gear and equipment merchandise producer mentioned in a press release.

The Murugappa group firm mentioned it had generated free money stream of ₹39.20 crore. The return on invested capital improved to 56% from 36%. The board had advisable a particular and closing dividend of ₹2 per share on profitable completion of fifty years.



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