Net profit of Aeroflex Industries declined 19.95% to Rs 10.03 crore in the quarter ended March 2024 as against Rs 12.53 crore during the previous quarter ended March 2023. Sales rose 10.99% to Rs 77.77 crore in the quarter ended March 2024 as against Rs 70.07 crore during the previous quarter ended March 2023.For the full year,net profit rose 38.41% to Rs 41.73 crore in the year ended March 2024 as against Rs 30.15 crore during the previous year ended March 2023. Sales rose 17.98% to Rs 317.91 crore in the year ended March 2024 as against Rs 269.46 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales77.7770.07 11 317.91269.46 18 OPM %18.5726.74 -19.4419.64 - PBDT15.6917.81 -12 63.5149.52 28 PBT13.9516.26 -14 57.2544.31 29 NP10.0312.53 -20 41.7330.15 38 Powered by Capital Market - Live News

Aeroflex Industries announced that the Board of Directors of the Company at its meeting held on 6 May 2024, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 12.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Aeroflex Industries will hold a meeting of the Board of Directors of the Company on 6 May 2024.Powered by Capital Market - Live News

The Board of Directors of Aeroflex Industries at its meeting held today i.e. 02 April 2024 has approved to acquire 100% of the issued and paid up share capital of Hyd-Air Engineering. The cost of acquisition is Rs 17.20 crore with plans to invest Rs 18 crore to increase production capacity over next 2-3 years. The investee company is engaged in manufacturing of hydraulic fittings, fluid connectors and flanges. Powered by Capital Market - Live News

Net profit of Aeroflex Industries rose 75.53% to Rs 9.04 crore in the quarter ended December 2023 as against Rs 5.15 crore during the previous quarter ended December 2022. Sales rose 10.97% to Rs 73.13 crore in the quarter ended December 2023 as against Rs 65.90 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales73.1365.90 11 OPM %18.9013.93 - PBDT14.938.30 80 PBT13.356.85 95 NP9.045.15 76 Powered by Capital Market - Live News