Friday, May 24th, 2024

Supreme Power Equipment Limited Records Robust Unaudited Financials for Q3 and 9M FY24, Achieves Rs 76 Crore Total Income in 9M

Mumbai (Maharashtra) [India], February 15: Supreme Power Equipment Limited (NSE – SUPREMEPWR), a distinguished player in the power and distribution transformer manufacturing industry, has announced its Unaudited Financial Results for 9M & Q3 FY24.

Q3 FY24 Consolidated Key Financials at a Glance:

• Total Income of ₹ 23.77 crore

• EBITDA of ₹ 5.14 crore

• EBITDA Margin of 21.64 %

• PAT of ₹ 2.97 crore

• PAT Margin of 12.50 %

• EPS of ₹ 1.17

9M FY24 Consolidated Key Financials at a Glance:

• Total Income of ₹ 76.36 crore

• EBITDA of ₹ 15.53 crore

• EBITDA Margin of 20.34%

• PAT of ₹ 9.56 crore

• PAT Margin of 12.52 %

• EPS of ₹ 3.76

Commenting on the performance, Mr. Vee Rajmohan, Chairman and Managing Director of Supreme Power Equipment Limited said, “We are delighted to report impressive financial performance for the reported quarter. Our focus on operational efficiency and strategic initiatives continues to yield positive results. Transformers are vital components of electrical power systems serving several crucial functions to ensure transmission of electrical energy. We, with our wide portfolio of transformers, have emerge as one of the leading suppliers of the ever-rising demand from rising power industry.

Our thrust on technology and commitment to our client are driving force to supply quality products and strengthened our market share. Our unwavering commitment to excellence has positioned us as a reliable partner for critical transformers in the industry.

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