Profit before tax in Q3 FY24 stood at Rs 32.13 crore, up by 3% from Rs 31.23 crore in Q3 FY23.

The company’s engine sales volume for Q3 FY24 was 27,104 units, which is higher by 1% as compared with 26,944 units sold during the corresponding quarter of last year.

Swaraj Engines is primarily in the business of supplying engines to the Swaraj Division of Mahindra & Mahindra (M&M).

The scrip fell 3.07% to currently trade at Rs 2271.85 on the BSE.