Published at November 15, 2024 by InfraJunction
Crane Infrastructure has announced its standalone quarterly results for September 2024, showcasing significant growth across key financial parameters. The company's performance reflects its strong operational efficiency and sustained efforts to strengthen its market position in the infrastructure sector.
Crane Infra reported Net Sales of Rs. 0.35 crore for the quarter ending September 2024. This marks a robust growth of 37.14% compared to Rs. 0.26 crore in the corresponding quarter of September 2023.
The rise in revenue highlights the company’s ability to capture higher market demand and drive better sales outcomes.
The company reported a significant surge in Net Profit for September 2024, reaching Rs. 0.20 crore. This reflects a 40.14% increase compared to Rs. 0.14 crore in September 2023.
This substantial increase underscores Crane Infra’s focus on profitability and cost optimization.
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter stood at Rs. 0.27 crore. This represents a year-on-year growth of 28.57% compared to Rs. 0.21 crore in September 2023.
The consistent improvement in EBITDA signifies enhanced operational efficiency and effective management of resources.
Crane Infra’s Earnings Per Share (EPS) increased significantly in September 2024, reaching Rs. 0.28. This marks a 40% rise compared to Rs. 0.20 in September 2023. The rise in EPS indicates improved shareholder value and profitability.
The promising quarterly performance of Crane Infrastructure aligns with the positive trends in India’s infrastructure sector. With ongoing developments in construction and heavy equipment demand, the company is poised for further growth. Its ability to achieve consistent financial improvement bodes well for its future prospects.
Crane Infrastructure’s strong financial results for Q2 FY24 are a testament to its strategic vision and operational resilience. The company continues to strengthen its foothold in the market. Investors and stakeholders can anticipate sustained growth and increased value creation in the future.
Crane Infra shares closed at Rs. 23.59 on the Bombay Stock Exchange (BSE) on November 13, 2024.
CRANE INFRASTRUCTURE STANDALONE QUARTERLY RESULTS | SEP'24 | JUN'24 | SEP'23 |
Net Sales/Income from Operations | 0.35 | 0.31 | 0.26 |
Other Operating Income | _ | _ | _ |
Total Income From Operations | 0.35 | 0.31 | 0.26 |
EXPENDITURE | |||
Consumption of Raw Materials | - | - | - |
Purchase of Traded Goods | - | - | - |
Increase/Decrease in Stocks | - | - | - |
Power & Fuel | - | - | - |
Employees Cost | 0.02 | 0.01 | 0.01 |
Depreciation | 0.03 | 0.03 | 0.03 |
Excise Duty | - | - | - |
Admin. and Selling Expenses | - | - | - |
R & D Expenses | - | - | - |
Provisions and Contingencies | - | - | - |
Exp. Capitalized | - | - | - |
Other Expenses | 0.06 | 0.06 | 0.04 |
P/L Before Other Inc., Int., Excpt. Items & Tax | 0.24 | 0.22 | 0.17 |
Other Income | - | 0.00 | 0.00 |
P/L Before Int., Excpt. Items & Tax | 0.24 | 0.22 | 0.18 |
Interest | - | - | - |
P/L Before Exceptional Items & Tax | 0.24 | 0.22 | 0.18 |
Exceptional Items | - | - | - |
P/L Before Tax | 0.24 | 0.22 | 0.18 |
Tax | 0.05 | 0.04 | 0.03 |
P/L After Tax from Ordinary Activities | 0.20 | 0.18 | 0.14 |
Prior Year Adjustments | - | - | - |
Extra Ordinary Items | - | - | - |
Net Profit/(Loss) For the Period | 0.20 | 0.18 | 0.14 |
Equity Share Capital | 7.24 | 7.24 | 7.24 |
Reserves Excluding Revaluation Reserves | - | - | - |
Equity Dividend Rate (%) | - | - | - |
EPS Before Extra Ordinary | |||
Basic EPS | 0.28 | 0.24 | 0.20 |
Diluted EPS | 0.28 | 0.24 | 0.20 |
EPS After Extra Ordinary | |||
Basic EPS | 0.28 | 0.24 | 0.20 |
Diluted EPS | 0.28 | 0.24 | 0.20 |
Public Share Holding | |||
No. of Shares (Crores) | - | - | - |
Share Holding (%) | - | - | - |
Promoters and Promoter Group Shareholding | |||
a) Pledged/Encumbered | |||
- Number of Shares (Crores) | - | - | - |
- % of Shares (as % of total prom. and promoter group) | - | - | - |
- % of Shares (as % of total Share Capital of company) | - | - | - |
b) Non-Encumbered | |||
- Number of Shares (Crores) | - | - | - |
- % of Shares (as % of total prom. and promoter group) | - | - | - |
- % of Shares (as % of total Share Capital of company) | - | - | - |
Stay tuned for more updates on Crane Infra’s financial progress and industry news!
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