Sharda Motor Industries (NSE:SHARDAMOTR) Second Quarter 2023 Results
Key Financial Results
- Revenue: ₹7.07b (up 20% from 2Q 2022).
- Net income: ₹546.7m (up 31% from 2Q 2022).
- Profit margin: 7.7% (up from 7.1% in 2Q 2022). The increase in margin was driven by higher revenue.
- EPS: ₹18.39 (up from ₹14.04 in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sharda Motor Industries shares are up 4.9% from a week ago.
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Sharda Motor Industries, and understanding it should be part of your investment process.
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Sharda Motor Industries
Sharda Motor Industries Limited manufactures, assembles, trades in, and sells auto components to automobiles and electronics original equipment manufacturers in India.
Flawless balance sheet with outstanding track record and pays a dividend.