Mumbai (Maharashtra) [India], January 22: Supreme Power Equipment Limited (SPEL), a distinguished player in the power and distribution transformer manufacturing industry, has announced its Unaudited Financial Results for the H1 FY24.
H1 FY24:
Consolidated Key Financials at a Glance:
• Total Income of ₹ 52.59 crore
• EBITDA of ₹ 10.39 crore
• EBITDA Margin of 19.75 %
• PAT of ₹ 6.59 crore
• PAT Margin of 12.53 %
• EPS of ₹ 3.63
Standalone Key Financials at a Glance:
• Total Income of ₹ 49.42 crore
• EBITDA of ₹ 9.15 crore
• EBITDA Margin of 18.51 %
• PAT of ₹ 6.47 crore
• PAT Margin of 13.08 %
• EPS of ₹ 3.63
Commenting on the performance, Mr. Vee Rajmohan, Chairman and Managing Director of Supreme Power Equipment Limited said, “We are delighted to announce strong financial results for the first half of fiscal year 2024. The total income reaching ₹53 crore is a testament to our unwavering commitment to excellence and our ability to navigate challenges in the market.
The power and distribution transformer manufacturing industry are dynamic, and we have adapted to changing market demands. The windmill segment has been a strategic move for us, showcasing our expertise in crafting transformers that can withstand the unique challenges posed by switching and voltage fluctuations.
The listing on NSE Emerge further solidifies our industry presence, reflecting our commitment to transparency, growth, and delivering value. The company’s commitment to quality, reliability, and innovation positions it for sustained success in the ever-evolving energy landscape.”
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