Stock Report

Tembo Global Industries Ltd. Q3 FY2024 Revenue Growth Rs.118.35 Cr



Posted On : 2024-02-15 23:10:43( TIMEZONE : IST )

Tembo Global Industries Ltd. Q3 FY2024 Revenue Growth Rs.118.35 Cr

Tembo Global Industries Ltd. (Formerly known as Saketh Exim Ltd), an industrial powerhouse, specializing in manufacturing and fabricating metal products crucial for Pipe Support Systems, Fasteners, HVAC, and more, serving industrial, commercial, and OEM sectors, has reported impressive financial results for the third quarter of the fiscal year 2024. The company's strong performance was driven by significant growth and solid performance of its divisions.

Tembo Global Industries Ltd. recorded a substantial increase in total revenue for Q3 FY24, reaching Rs. 118.35 crore compared to Rs. 56.54 crore in Q3 FY23. Similarly, the PAT for Q3 FY24 surged to Rs. 4.44 crore from Rs. 1.99 crore in Q3 FY23. This significant growth highlights the company's strong performance and ability to capitalize on market opportunities.

Commenting on the performance, Mr. Sanjay Patel, Managing Director, Tembo Global Industries Limited stated, "We are pleased with the strong growth achieved in both our textiles and engineering divisions. Our focus on operational excellence and customer satisfaction has enabled us to deliver these impressive results despite challenging market conditions. We remain committed to driving growth and creating value for our stakeholders."

Source : Equity Bulls

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TemboGlobalIndustries Q3FY24 9MFY24 ResultUpdate