Hot Pursuit     28-May-24
Ingersoll-Rand slides after Q4 PAT drops 5% to Rs 64 cr
Ingersoll-Rand (India) declined 4.11% to Rs 4,342.80 after the company's net profit fell 4.82% to Rs 63.87 crore on 4.82% decrease in net sales to Rs 303.64 crore in Q4 March 2024 over Q4 March 2023.
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

Previous News
  Ingersoll-Rand (India) standalone net profit rises 40.19% in the September 2023 quarter
 ( Results - Announcements 08-Nov-23   15:16 )
  Ingersoll-Rand (India) fixes record date for interim dividend
 ( Market Beat - Reports 16-Nov-22   19:26 )
  Ingersoll-Rand (India)
 ( Results - Analysis 10-Aug-22   11:45 )
  Board of Ingersoll-Rand (India) recommends final dividend
 ( Corporate News - 29-May-23   12:43 )
  Ingersoll-Rand (India) standalone net profit rises 35.38% in the March 2021 quarter
 ( Results - Announcements 31-May-21   18:07 )
  Ingersoll-Rand (India) fixes record date for final dividend
 ( Market Beat - Reports 26-Jul-19   15:23 )
  Ingersoll-Rand (India) standalone net profit declines 36.44% in the March 2019 quarter
 ( Results - Announcements 16-May-19   15:47 )
  Ingersoll-Rand (India) to conduct board meeting
 ( Corporate News - 28-Jul-22   16:42 )
  Ingersoll-Rand (India) to announce Quarterly Result
 ( Corporate News - 30-Oct-21   10:17 )
  Ingersoll Rand (India)
 ( Results - Analysis 05-Nov-18   11:16 )
  Board of Ingersoll-Rand (India) approves setting up new plant in Gujarat
 ( Corporate News - 22-Dec-22   20:11 )
Other Stories
  DCB Bank rises on appointing Mahesh Raman as CRO
  12-Jun-24   15:07
  Va Tech Wabag Ltd leads losers in 'A' group
  12-Jun-24   15:00
  Brigade Ent plans to invest Rs 8000 cr in Chennai by 2030
  12-Jun-24   14:54
  Indian Metals & Ferro Alloys Ltd leads losers in 'B' group
  12-Jun-24   14:45
  Volumes soar at Elecon Engineering Company Ltd counter
  12-Jun-24   14:30
  BSE SME Magenta Lifecare jumps on debut
  12-Jun-24   14:22
  BSE SME 3C IT Solutions & Telecoms (India) drops on listing day
  12-Jun-24   14:18
  FMCG shares fall
  12-Jun-24   14:00
  Real Estate shares fall
  12-Jun-24   14:00
  Bhandari Hosiery zooms on fixing record date for rights issue
  12-Jun-24   13:19
Back Top