Ingersoll-Rand (India) Ltd Share Price – NSE  /  BSE

Capital Goods-Non Electrical Equipment, Small Cap

Ingersoll-Rand (India) announced that the 102nd Annual General Meeting (AGM) of the company will be held on 13 August 2024.

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Profit before tax (PBT) stood at Rs 84.46 crore in Q4 FY23, down 6.48% YoY.

Total expenses increased 5.31% YoY to Rs 230.05 crore in quarter ended 31 March 2024. Cost of materials consumed was at Rs 159.08 crore (down 4.38% YoY) and employee expense was Rs 30.08 crore (up 10.54%) during the quarter.

For the full year, the company’s consolidated net profit climbed 21.76% to Rs 222.39 crore on 5.46% increase in net sales to Rs 1,213.69 crore in FY24 over FY23.

Net cash inflow from operating activities jumped 39.74% to Rs 206.91 crore as on 31 March 2024, as compared to Rs 148.06 crore as on 31 March 2023.

Ingersoll-Rand (India) is primarily engaged in the business of manufacturing and selling of industrial air compressors of various capacities and providing related services. The company sells air compressors primarily in India and also exports the products to American, Asian and European countries

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Ingersoll-Rand (India) announced that the Board of Directors of the Company at its meeting held on 28 May 2024, inter alia, have recommended the final dividend of Rs 20 per equity Share (i.e. 200%) , subject to the approval of the shareholders.

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Net profit of Ingersoll-Rand (India) declined 4.83% to Rs 63.87 crore in the quarter ended March 2024 as against Rs 67.11 crore during the previous quarter ended March 2023. Sales declined 0.25% to Rs 303.64 crore in the quarter ended March 2024 as against Rs 304.40 crore during the previous quarter ended March 2023.

For the full year,net profit rose 21.76% to Rs 222.39 crore in the year ended March 2024 as against Rs 182.64 crore during the previous year ended March 2023. Sales rose 5.47% to Rs 1213.69 crore in the year ended March 2024 as against Rs 1150.79 crore during the previous year ended March 2023.

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