Hot Pursuit     17-Oct-22
Craftsman Automation spurts after Q2 PAT climbs 25% YoY to Rs 62 cr
Craftsman Automation rallied 3.71% to Rs 2,865.75 after the auto ancillary company's consolidated net profit jumped 25.06% to Rs 62.48 crore on 35.94% surge in net sales to Rs 776.24 crore in Q2 FY23 over Q2 FY22.

Consolidated profit before tax stood at Rs 96.06 crore in quarter ended 30 September 2022, registering a growth of 25.5% from Rs 76.54 crore posted in the same period last year.

The company's revenue from Automotive-Powertrain & Others stood at Rs 378.18 crore (up 29.46% YoY), revenue from Aluminium Products was at Rs 196.34 crore (up 39.53% YoY) and revenue from Industrial & Engineering stood at Rs 201.72 crore (up 46% YoY) in Q2 FY23.

Craftsman Automation is a diversified engineering company with vertically integrated manufacturing capabilities, engaged in three business segments, namely automotive-powertrain and others, automotive–aluminum products, and industrial and engineering.

Previous News
  Craftsman Automation consolidated net profit rises 8.84% in the March 2022 quarter
 ( Results - Announcements 09-May-22   17:41 )
  Craftsman Automation consolidated net profit rises 135.31% in the June 2022 quarter
 ( Results - Announcements 25-Jul-22   17:31 )
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 ( Hot Pursuit - 25-Jun-24   14:30 )
  Craftsman Automation will consider fund raising options
 ( Corporate News - 23-Apr-24   17:45 )
  Board of Craftsman Automation recommends final dividend
 ( Corporate News - 09-May-22   17:25 )
  Craftsman Automation
 ( Results - Analysis 25-Jul-23   10:14 )
  Himadri Speciality Chemical Ltd leads gainers in 'A' group
 ( Hot Pursuit - 08-Jul-22   12:00 )
  Craftsman Automation consolidated net profit rises 51.31% in the September 2023 quarter
 ( Results - Announcements 30-Oct-23   13:45 )
  Board of Craftsman Automation approves setting up new plant
 ( Corporate News - 30-Oct-23   13:37 )
  Craftsman Automation reports consolidated net profit of Rs 24.07 crore in the June 2021 quarter
 ( Results - Announcements 14-Jul-21   20:33 )
  Craftsman Automation
 ( Results - Analysis 09-May-22   19:26 )
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