HeidelbergCement Q1FY24 Results
HeidelbergCement Q1 results show revenue fell from 615.51 crores to 609.02 crores, a -1.05% decrease in growth. EPS rise from ₹1.54 to ₹2.31, up by 50.00%.
First, Let’s Begin with Quarter-on-Quarter Basis:
HeidelbergCement shared its Q1 results on Tuesday. They earned 609.02 crores in revenue this quarter, but that’s less than the 615.51 crores they made last quarter. Unfortunately, the company’s growth decreased by -1.05 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 52.32 crores, up from 34.97 crores in the previous quarter. Their quarter-to-quarter growth increased by 49.61 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹2.31, which is an increase of 50.00% from the ₹1.54 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 609.02 crores this year (2023), which is 1.48 percent higher than last year’s total revenue of 600.15 crores.
This year’s PAT (Profit After Tax) is 52.32 crores, which is also 1.38% higher than last year’s PAT of 51.61 crores.
The EPS (Earnings Per Share) for this year is ₹2.31, which is 1.32% more than the EPS of ₹2.28 earned last year.
Also Read: Sheetal Cool Products Q1FY24 Results: Consolidated PAT of Rs. 8.12 Cr
HeidelbergCement Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About HeidelbergCement :
Heidelbergcement India Limited was established on May 13, 1958, and is a publicly listed company. It is registered at the Registrar of Companies in Delhi. Heidelbergcement India Limited is classified as a subsidiary of a foreign company. The authorized share capital of the company is Rs. 2,800,000,000 and the paid-up capital is Rs. [Please provide the specific amount for the paid-up capital].
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