Auto Parts & Equipment company Suprajit Engineering announced Q4FY24 & FY24 results:
- Consolidated Revenue: The company witnessed a growth of 5.21% in consolidated operating revenue for the year ended March 2024, with the amount rising from Rs 27,523.55 million in the previous year to Rs 28,958.55 million.
- Standalone Revenue: Standalone operating revenue also experienced a notable increase of 7.39% during the same period.
- EBITDA: Both consolidated and standalone EBITDA saw positive growth compared to the previous year.
- The business grew at 7.3% and consolidated revenue grew by 5% for the year.
- The consolidated business grew at 12% and EBITDA grew by 5% for the Q4FY24.
- The standalone business grew at 22% and EBITDA grew by 22% for the Q4FY24.
- The Board recommends a final dividend of Rs 1.40 per equity share, leading to a total dividend of 250% for the 2023-24 fiscal year.