{"id":24645,"date":"2024-02-15T09:19:06","date_gmt":"2024-02-15T03:49:06","guid":{"rendered":"https:\/\/marudharchronicle.com\/index.php\/2024\/02\/15\/uravi-t-wedge-lamps-reports-34-increase-in-9m-fy24-net-profit\/"},"modified":"2024-02-15T09:19:06","modified_gmt":"2024-02-15T03:49:06","slug":"uravi-t-wedge-lamps-reports-34-increase-in-9m-fy24-net-profit","status":"publish","type":"post","link":"https:\/\/marudharchronicle.com\/index.php\/2024\/02\/15\/uravi-t-wedge-lamps-reports-34-increase-in-9m-fy24-net-profit\/","title":{"rendered":"Uravi T &amp; Wedge Lamps reports 34% increase in 9M FY24 Net Profit"},"content":{"rendered":"<div>\n<p><strong>Mumbai (Maharashtra) [India], February 15:<\/strong> Uravi T &amp; Wedge Lamps Limited (NSE Code: URAVI) is one of the leading manufacturers and supplier of incandescent and wedge -based automotivelamps, has announced its UnauditedFinancial result for 9M FY24.<\/p>\n<p><strong>9M FY24 Key Financials at a Glance:<\/strong><\/p>\n<p>\u2022 Total Income of \u20b9 31.35 Cr, YoY growth of 15.81 %<\/p>\n<p>\u2022 EBITDA of \u20b9 5.18 Cr, YoY growth of 6.29 %<\/p>\n<p>\u2022 Net Profit of \u20b9 1.57 Cr, YoY growth of 33.71 %<\/p>\n<p>\u2022 EPS of \u20b9 1.44, YoY growth of 29.73 %<\/p>\n<p>Commenting on company\u2019s performance, Mr. NirajGada, Managing Director and CEO said, \u201cUravi\u2019s impressive financial performance in the first nine months of FY24, combined with its strategic initiatives, underscores the company\u2019s unwavering dedication to excellence. Uravi\u2019s focus on innovation and tailor-made solutions to Tier 1 partners of major OEMs strengthened its commitment to providing top-quality products to the market. This consistent delivery of quality reinforces Uravi\u2019s reputation and strengthens its position as a reliable partner in the industry.\u201d<\/p>\n<p><strong>About Uravi T &amp; Wedge Lamps Limited:<\/strong><\/p>\n<p>Incorporated in 2004, Uravi T &amp; Wedge Lamps Limited is the leading manufacturer and supplier of incandescent and wedge -based automotive lamps. They take pride in being the largest manufacturers of automotive lamps for instrument clusters in India, as well as the second \u2013 largest in the automotive signalling and parking lamps segment for OEMs.<\/p>\n<p><em>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.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], February 15: Uravi T &amp; Wedge Lamps Limited (NSE Code: URAVI) is one of the leading manufacturers and supplier of incandescent and&hellip; <\/p>\n","protected":false},"author":1,"featured_media":24646,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[656],"class_list":["post-24645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/24645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/comments?post=24645"}],"version-history":[{"count":0,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/24645\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/media\/24646"}],"wp:attachment":[{"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/media?parent=24645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/categories?post=24645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marudharchronicle.com\/index.php\/wp-json\/wp\/v2\/tags?post=24645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}