{"id":21955,"date":"2023-11-10T08:42:29","date_gmt":"2023-11-10T08:42:29","guid":{"rendered":"https:\/\/sattaexpress.co.in\/index.php\/2023\/11\/10\/uravi-t-wedge-lamps-q2-fy24-pat-up-61\/"},"modified":"2023-11-10T08:42:29","modified_gmt":"2023-11-10T08:42:29","slug":"uravi-t-wedge-lamps-q2-fy24-pat-up-61","status":"publish","type":"post","link":"https:\/\/sattaexpress.co.in\/index.php\/2023\/11\/10\/uravi-t-wedge-lamps-q2-fy24-pat-up-61\/","title":{"rendered":"Uravi T &amp; Wedge Lamps Q2 FY24 PAT Up 61%"},"content":{"rendered":"<div>\n<p><strong>Mumbai (Maharashtra) [India], November 10<\/strong>: Uravi T &amp; Wedge Lamps Limited (NSE Code: URAVI)\u00a0is one of\u00a0the leading manufacturer and supplier of incandescent and wedge -based automotive lamps,\u00a0has\u00a0announced\u00a0its\u00a0unaudited financial\u00a0result\u00a0for Q2\u00a0and H1\u00a0FY24.<a><\/a><\/p>\n<p><strong>Key Financials at a Glance:<\/strong><\/p>\n<p><strong>Q2 FY24:<\/strong><\/p>\n<p>\u2022\u00a0<a><\/a>Total Revenue\u00a0\u20b9\u00a01081.55 Lakhs vs\u00a0\u20b9\u00a0942.25 Lakhs in\u00a0Q2FY23<\/p>\n<p>\u2022\u00a0EBITDA\u00a0\u20b9\u00a0193.18 Lakhs vs\u00a0\u20b9197.88 Lakhs in Q2 FY23<\/p>\n<p>\u2022\u00a0EBITDA Margin 17.86% vs 21.00% in Q2 FY23<\/p>\n<p>\u2022\u00a0PAT\u00a0\u20b9\u00a057.53 Lakhs vs\u00a0\u20b9\u00a035.71 Lakhs in Q2 FY23<\/p>\n<p>\u2022\u00a0PAT Margin 5.32% vs 3.79% in Q2 FY23<\/p>\n<p>\u2022\u00a0EPS\u00a0\u20b9\u00a00.52 vs\u00a0\u20b9\u00a00.32 in Q2 FY23<\/p>\n<p><strong>H1 FY24:<\/strong><\/p>\n<p>\u2022\u00a0Total Revenue\u00a0\u20b9\u00a01976.05 Lakhs vs\u00a0\u20b9\u00a01832.40 Lakhs in H1 FY23<\/p>\n<p>\u2022\u00a0EBITDA\u00a0\u20b9\u00a0356.39 Lakhs vs\u00a0\u20b9\u00a0325.44 Lakhs in H1 FY23<\/p>\n<p>\u2022\u00a0EBITDA Margin 18.04% vs 17.76% in H1 FY23<\/p>\n<p>\u2022\u00a0PAT\u00a0\u20b9\u00a0119.49 Lakhs vs\u00a0\u20b9\u00a090.07 Lakhs in H1 FY23<\/p>\n<p>\u2022\u00a0PAT Margin\u00a06.05% vs 4.92% in H1 FY23<\/p>\n<p>\u2022\u00a0EPS\u00a0\u20b9\u00a01.09 vs\u00a0\u20b9\u00a00.82 in H1 FY23<\/p>\n<p>Commenting on\u00a0company\u2019s\u00a0performance,\u00a0Mr. Niraj D. Gada,\u00a0Managing Director &amp; CEO\u00a0said,\u00a0\u201cH1 FY24 has commenced on a highly positive note, marked by significant improvements in our profitability, which can be attributed to a series of well-executed strategic initiatives.\u00a0<\/p>\n<p>We are trusted suppliers to tier 1 partners of major industry-leading OEMs. This demonstrates our commitment to delivering top-quality products from our extensive portfolio, further solidifying our position as the preferred supplier in the market.<\/p>\n<p>As we look ahead, our optimism for future growth remains unwavering, driven by our strong performance and the strategic steps we\u2019ve taken to bolster our presence and reputation in the industry.\u201d<\/p>\n<p>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], November 10: Uravi T &amp; Wedge Lamps Limited (NSE Code: URAVI)\u00a0is one of\u00a0the leading manufacturer and supplier&hellip;<\/p>\n","protected":false},"author":1,"featured_media":21956,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[645,641],"class_list":["post-21955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pr","tag-press-release"],"_links":{"self":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts\/21955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=21955"}],"version-history":[{"count":0,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts\/21955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/media\/21956"}],"wp:attachment":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=21955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=21955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=21955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}