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Murugappa Group Q1 results: Net profit increases 15.2% to Rs 7,885 cr

Business Standard LogoBusiness Standard7h ago

Murugappa Group Q1 results: Net profit increases 15.2% to Rs 7,885 cr - Business Standard

Quick Summary:

The Murugappa Group has reported a 15.2 per cent jump in its profit after tax for the year ending March 31, 2024 at Rs 7,885 crore.

The group turnover for the year ending March 31, 2024 rose to 4.9 per cent to Rs 77,881 crore, as compared to Rs 74,220 crore registered year ago.

The Earnings before Interest, Taxes, Depreciation and Amortisation grew by 10.8 per cent, to Rs 11,554 crore from Rs 10,426 crore registered in the same period of previous year.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-19 @ 16:56:56 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 636 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22137882

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Official Website: business-standard.com

Update Frequency: 229 posts per day

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News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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