Schneider Electric Infrastructure Ltd Share Price – NSE  /  BSE

Capital Goods - Electrical Equipment, Small Cap

However, revenue from operations grew by 14.92% to Rs 471.75 crore in the quarter ended 31 March 2024.

Profit before exceptional items and tax in Q4 FY24 stood at Rs 38.95 crore, down 14.28% from Rs 45.44 crore posted in corresponding period previous fiscal.

Exceptional items were at 0.70 crore in the March quarter, representing provisions for restructuring associated with the approved plan of shifting the firm’s existing plant located at Salt Lake to new place in Kolkata.

Total expenses jumped 18.27% YoY to Rs 436.43 crore in Q4 FY24. Cost of raw material and components consumed was at Rs 301.48 crore (up 7.49% YoY) and employee benefits expense was at Rs 63.86 crore (up 9.03% YoY) during the period under review.

EBITDA was at Rs 76.8 crore in the fourth quarter of FY24, up 18.34% from Rs 64.9 crore posted in Q4 FY23.

EBITDA margin improved to 16.3% in during the quarter as compared with 15.8% registered in the same period a year ago.

On a full year basis, the company’s net profit jumped 39.15% to Rs 172.03 crore on 24.17% rise in revenue to Rs 2,206.68 crore in FY24 over FY23.

Schneider Electric Infrastructure is a leading the digital transformation of energy management and automation for its customers. The company makes it possible for IoT (Internet of Things) - enabled solutions to seamlessly connect, collect, analyse and act on data from its equipment/assets in real-time, delivering enhanced safety, efficiency, reliability, and sustainability.

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Net profit of Schneider Electric Infrastructure declined 92.69% to Rs 3.28 crore in the quarter ended March 2024 as against Rs 44.84 crore during the previous quarter ended March 2023. Sales rose 14.92% to Rs 471.75 crore in the quarter ended March 2024 as against Rs 410.51 crore during the previous quarter ended March 2023.

For the full year,net profit rose 39.15% to Rs 172.03 crore in the year ended March 2024 as against Rs 123.63 crore during the previous year ended March 2023. Sales rose 24.17% to Rs 2206.68 crore in the year ended March 2024 as against Rs 1777.19 crore during the previous year ended March 2023.

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Schneider Electric Infrastructure will hold a meeting of the Board of Directors of the Company on 23 May 2024

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Revenue from operations jumped 29.51% to Rs 743.87 crore in Q3 FY24 as compared with Rs 574.38 crore posted in same quarter last year.

During the quarter, profit before tax stood at Rs 93.96 crore, up 115.9% from Rs 43.52 crore posted in corresponding period previous fiscal.

EBITDA grew 81.69% to Rs 112.1 crore in the third quarter of FY24 as against 61.7 crore posted in Q3 FY23.

EBITDA margin improved to 15.7% in during the quarter as compared with 10.7% reported in Q3 last fiscal.

Total expenses stood at Rs 651.54 crore in Q3 FY24, was up 22.11% YoY. Cost of raw material and components consumed was at Rs 437.05 crore (up 16.38% YoY), employee benefits expense was at Rs 73.36 crore (up 27.21% YoY) and finance cost stood at Rs 12.36 crore (down 8.85% YoY) during the period under review.

Schneider Electric Infrastructure is a leading the digital transformation of energy management and automation for its customers. The company makes it possible for IoT (Internet of Things) - enabled solutions to seamlessly connect, collect, analyse and act on data from its equipment/assets in real-time, delivering enhanced safety, efficiency, reliability, and sustainability.

The scrip hit an all-time high at Rs 641.60 in intraday today.

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