Business Update11 May 2024, 05:16 pm
JTL Industries Ltd Announces Highest Ever Revenue of Rs. 20,402.3 Mn in FY24, Up 31.6% Y-O-Y
AI Summary
JTL Industries Ltd, a leading steel tube manufacturing company, announced financial results for the Fourth Quarter and Financial Year ended March 31, 2024. The company achieved a revenue of Rs. 20,402.3 Mn, representing a significant increase of 31.6% compared to the previous year. The report also shows an uptick of 42.3% in sales volume. Key performance indicators, such as EBITDA and PAT, also registered substantial growths of 17.6% and 25.4% respectively.
Key Highlights
- JTL Industries achieved its highest ever revenue of Rs. 20,402.3 Mn in FY24.
- The company reported a revenue growth of 31.6% for FY24 over FY23.
- Sales volume registered a significant uptick of 42.3% y-o-y.
- EBITDA grew by 17.6% in FY24.
- PAT saw a growth of 25.4% in FY24.