Rolex Rings edges higher after recording over 22% YoY rise in Q1 PAT
Mumbai, Aug. 5 -- Total expenses rose by 2.4% to Rs 24.48 crore in Q1 FY27 from Rs 23.91 crore in Q1 FY26. This was primarily due to higher raw material costs (up 0.4% YoY), higher employee expenses (up 11.2% YoY) and higher other expenses (up 18% YoY).
Profit before tax in Q1 FY27 stood at Rs 7.92 crore, up 16.6% from Rs 6.79 crore in Q1 FY26.
Rolex Rings is a manufacturer and global supplier of hot-rolled forged and machined bearing rings, and automotive components for two-wheelers, PVs, CVs, off-highway vehicles, electric vehicles, industrial machinery, wind turbines and railways, among others. Its product portfolio includes bearing rings, parts of gear box and automotive components.
Published by HT Digital Content Services with per...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.