India Radiators Reports 34% EPS Growth Despite Revenue Dip in Q1
Munoth Communication, a Chennai-based radiator and heat exchanger manufacturer, reported Q1 results with improved profitability despite a slight revenue decline. The company's total income decreased by 6.2% to Rs. 6,945.19 lakhs, but net profit after tax increased by 33.9% to Rs. 232.76 lakhs. Earnings per share rose by 34% to Rs. 6.46. The results suggest effective cost management or a shift towards higher-margin products.