Federal-Mogul Goetze Reports 22% Surge in Q1 Net Profit, Revenue Climbs 9%
Federal Mogul Goetze, an auto components manufacturer, has reported strong Q1 financial results. Consolidated net profit increased by 22% to 432.00 million rupees, while revenue grew 9% to 4.83 billion rupees. EBITDA rose to 706.00 million rupees with an improved margin of 14.59%. Standalone performance also showed positive trends with revenue from operations up 9.17% and net profit increasing by 22.65%.
29May 25
Federal-Mogul Goetze Reports Strong Q4 Performance with 47% Profit Surge
Federal-Mogul Goetze, an automotive component manufacturer, announced impressive Q4 results with a 47% increase in net profit to ₹594 million, up from ₹403 million year-over-year. Revenue grew by 7% to ₹4.60 billion. The company showed significant improvement in profitability, with net profit also rising substantially from ₹289 million in the previous quarter.
28May 25
Federal-Mogul Goetze Reports Strong Q4 Results with 47% Profit Surge
Federal-Mogul Goetze, an automotive component manufacturer, announced impressive Q4 results. Net profit soared 47% year-over-year to ₹594.00 crore, and 105% quarter-over-quarter. Revenue increased 7% to ₹4,600.00 crore compared to the same quarter last year. The company's strong performance indicates successful navigation of industry challenges and potential benefits from automotive sector recovery.