Share Market News: Hardwyn India Shares To Be In Focus As Company’s Revenue Grows Ever 5 Percent in Q4
Share Market News: Shares of Hardwyn India Limited will be in focus on Monday as the company has announced its quarterly results in which its revenue from operations in the fourth quarter of the financial year 2024 surged by around 5.3 per cent. The company’s revenue in Q4FY2024 was Rs 36.93 crores as compared to Rs 35.06 crores in the previous quarter of the financial year 2024. The revenue from operations of Hardwyn India in the fourth quarter of last financial year was Rs 29.8 crores.
As per the information shared by Hardwyn India, its profit before tax in the fourth quarter of 2024 was Rs 4.80 crore. In the third quarter of FY24, it was Rs 5.79 crore and Rs 5.41 crore in the fourth quarter of the previous financial year i.e. 2023.
The furniture and home furnishing company has informed the exchanges that its profit after paying tax was Rs 3.29 crores in Q4 FY24. It was Rs 4.10 crores in the third quarter of FY2024. The profit after paying tax (PAT) was Rs 3.73 crores in the fourth quarter of the financial year 2023.
Earlier, the company announced that it would be setting up a new subsidiary, Slimx Interior Solutions Private Limited. Hardwyn India specialises in manufacturing architectural hardware and glass fittings for various sectors.