Mumbai, July 29, 2024 — Shah Metacorp Limited announced its unaudited standalone and consolidated financial results for the quarter ending June 30, 2024. The results were approved by the Board of Directors during their meeting on July 29, 2024, and indicated substantial growth in revenue and profit.
The company's financial performance saw remarkable improvements in the quarter ending June 2024 compared to the same period in the previous year. Below are the detailed figures:
Particulars Jun-24 Jun-23 % of Change Total Revenue 4491.28 1924.3 133.39 Profit Before Tax (PBT) 2739.49 128.09 2038.72 Profit After Tax (PAT) 2327.34 149.26 1561.67
Shah Metacorp Limited achieved a total revenue of Rs. 4,491.28 Lakhs, reflecting an increase of approximately 133.4% compared to the previous year's Rs. 1,924.3 Lakhs. This impressive growth in revenue is complemented by substantial increases in profit margins. The EBITDA stood at Rs. 2,739.49 Lakhs, and the PAT recorded a significant rise to Rs. 2,327.34 Lakhs from Rs. 149.26 Lakhs, showcasing a remarkable growth rate of approximately 1459%.
Shah Metacorp Limited's robust financial performance highlights the company's strong market position and operational efficiency. The substantial growth in both revenue and profits underscores the effectiveness of the company's strategic initiatives and its ability to capitalize on market opportunities.
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