Schneider Electric Infrastructure Ltd Share Price – NSE  /  BSE

Capital Goods - Electrical Equipment, Small Cap

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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Net profit of Schneider Electric Infrastructure rose 109.03% to Rs 90.97 crore in the quarter ended December 2023 as against Rs 43.52 crore during the previous quarter ended December 2022. Sales rose 29.51% to Rs 743.87 crore in the quarter ended December 2023 as against Rs 574.38 crore during the previous quarter ended December 2022.

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Schneider Electric Infrastructure will hold a meeting of the Board of Directors of the Company on 8 February 2024.

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GMR Airports Infrastructure Ltd, KIOCL Ltd, Indiabulls Real Estate Ltd and NELCO Ltd are among the other gainers in the BSE's 'A' group today, 08 December 2023.

Schneider Electric Infrastructure Ltd soared 11.77% to Rs 380.35 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 1.72 lakh shares were traded on the counter so far as against the average daily volumes of 30372 shares in the past one month.

GMR Airports Infrastructure Ltd surged 11.30% to Rs 68.63. The stock was the second biggest gainer in 'A' group. On the BSE, 7679.87 lakh shares were traded on the counter so far as against the average daily volumes of 9.57 lakh shares in the past one month.

KIOCL Ltd spiked 9.99% to Rs 375.9. The stock was the third biggest gainer in 'A' group. On the BSE, 44587 shares were traded on the counter so far as against the average daily volumes of 22293 shares in the past one month.

Indiabulls Real Estate Ltd spurt 8.49% to Rs 89.03. The stock was the fourth biggest gainer in 'A' group. On the BSE, 52.1 lakh shares were traded on the counter so far as against the average daily volumes of 9.03 lakh shares in the past one month.

NELCO Ltd rose 7.48% to Rs 803.2. The stock was the fifth biggest gainer in 'A' group. On the BSE, 18181 shares were traded on the counter so far as against the average daily volumes of 8315 shares in the past one month.

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