16-02-2024 04:01 PM | Source: PR Agency
Tembo Global Industries Ltd. Q3 FY2024 Revenue Growth Rs.118.35 Cr

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Tembo Global Industries Ltd. stands as 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. With expertise in ductile pipes, HDB pipes, and MS plates fabrication and installation, our seasoned team caters to diverse customer needs, offering tailored solutions at competitive prices without compromising quality. Serving a wide array of industries including Oil & amp; Gas, Steel, and Mining, Tembo Global Industries Ltd., founded in 2010 and listed on the national stock exchange in 2018. Originally renowned as international suppliers, they have successfully ventured into the domestic market, further cementing their reputation as a versatile and innovative industry leader. The company has reported impressive financial results for the third quarter of the fiscal year 2024. 

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."

 

 

Above views are of the author and not of the website kindly read disclaimer