Shanthi Gears Ltd.’s (SGL) standalone net profit for the quarter ended March jumped 60% from the year-earlier period to ₹19 crore due to increased sales volumes.
Revenue from operations increased 19% to ₹123 crore, while cost of materials consumed increased marginally to ₹57 crore from ₹56 crore, the gear and gear products manufacturer said in a statement.
The Murugappa group company said it had generated free cash flow of ₹39.20 crore. The return on invested capital improved to 56% from 36%. The board had recommended a special and final dividend of ₹2 per share on successful completion of 50 years.
This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every
month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by its editorial values to provide you quality journalism.
You have read {{data.cm.views}} out of {{data.cm.maxViews}} free articles.
This is your last free article.