Hydraulic equipment maker Yuken India's Q2 net profit rises 36%
Hydraulic equipment maker Yuken India's Q2 net profit rises 36%
Overview
Indian hydraulic equipment maker's Q2 consolidated revenue from operations rose 42.5% to INR 1.6 bln
Consolidated profit attributable to owners of parent rose 36.4% to INR 69.9 mln
Diluted EPS rose to INR 5.14 from INR 3.82
Outlook
Company did not provide specific guidance or outlook for future periods in its press release
Result Drivers
HYDRAULIC BUSINESS – Hydraulic segment revenue rose 43% yr/yr to INR 1.41 bln, while segment profit before tax and interest increased 23.7%
FOUNDRY BUSINESS – Foundry segment revenue rose 32.8%, with segment profit before tax and interest up 44.4%
FINANCE AND CORPORATE COSTS – Q2 finance costs rose 30.5%, while other unallocable expense increased 25.5%
Company press release: ID:nBSEbmQw0R
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Consol Revenue from OPS |
| INR 1.60 bln |
|
Q2 Consol Net Profit |
| INR 69.90 mln |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)