{"id":19653,"date":"2023-08-14T08:56:13","date_gmt":"2023-08-14T08:56:13","guid":{"rendered":"https:\/\/newstrackbhopal.com\/index.php\/2023\/08\/14\/avro-india-q1-fy24-total-income-surged-15\/"},"modified":"2023-08-14T08:56:13","modified_gmt":"2023-08-14T08:56:13","slug":"avro-india-q1-fy24-total-income-surged-15","status":"publish","type":"post","link":"https:\/\/newstrackbhopal.com\/index.php\/2023\/08\/14\/avro-india-q1-fy24-total-income-surged-15\/","title":{"rendered":"AVRO India Q1 FY24 Total Income Surged 15%"},"content":{"rendered":"<div class=\"dsprime\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"480\" src=\"https:\/\/pnn.digital\/wp-content\/uploads\/2023\/08\/1-1-18-1024x768.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 10px\" \/><\/div>\n<p><strong>New Delhi (India), August 14<\/strong>: AVRO India Limited (NSE\u2013AVROIND &amp;BSE \u2013 543512),&nbsp;One of the leading manufacturers of plastic moulded furniture products has&nbsp;<a>announced&nbsp;its Unaudited Financial Results for the&nbsp;<\/a>Q1 FY24.<\/p>\n<p>Key Financials at a Glance:&nbsp;<\/p>\n<p>Q1 FY24:<\/p>\n<ul>\n<li>Total Income&nbsp;\u20b9&nbsp;23.34 crore<\/li>\n<li>EBITDA of&nbsp;\u20b9&nbsp;2.30 crore<\/li>\n<li>EBITDA Margin at 9.85%<\/li>\n<li>Net Profit of&nbsp;\u20b9&nbsp;1.02 crore&nbsp;<\/li>\n<li>Net Profit Margin at 4.36%<\/li>\n<li>EPS at&nbsp;\u20b9&nbsp;1.01<\/li>\n<\/ul>\n<p>Commenting on the performance,&nbsp;Mr. Sushil Kumar Aggarwal, Chairmanof AVRO India Limited&nbsp;said,&nbsp;\u201cWe have seen an impressive 15% rise in total income. However, cost pressures weighed on our profitability.<\/p>\n<p>We have commenced our recycling plant and on scaling up its operations, we would see cost saving as recycled plastic would be used in furniture production. I believe the demand to pick up with the onset of festivals. We are optimistic on demand growth while our strategies will control costs.\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","protected":false},"excerpt":{"rendered":"<p>New Delhi (India), August 14: AVRO India Limited (NSE\u2013AVROIND &amp;BSE \u2013 543512),&nbsp;One of the leading manufacturers of plastic moulded furniture products has&nbsp;announced&nbsp;its Unaudited Financial Results for the&nbsp;Q1 FY24. Key Financials at a Glance:&nbsp; Q1 FY24: Total Income&nbsp;\u20b9&nbsp;23.34 crore EBITDA of&nbsp;\u20b9&nbsp;2.30 crore EBITDA Margin at 9.85% Net Profit of&nbsp;\u20b9&nbsp;1.02 crore&nbsp; Net Profit Margin at 4.36% EPS [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19654,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[627],"class_list":["post-19653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"wpmagazine_modules_lite_featured_media_urls":{"thumbnail":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/08\/1-1-18-1024x768-1-150x150.jpg",150,150,true],"cvmm-medium":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/08\/1-1-18-1024x768-1-300x300.jpg",300,300,true],"cvmm-medium-plus":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/08\/1-1-18-1024x768-1-305x207.jpg",305,207,true],"cvmm-portrait":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/08\/1-1-18-1024x768-1-400x600.jpg",400,600,true],"cvmm-medium-square":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/08\/1-1-18-1024x768-1-600x600.jpg",600,600,true],"cvmm-large":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/08\/1-1-18-1024x768-1.jpg",1024,768,false],"cvmm-small":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/08\/1-1-18-1024x768-1-130x95.jpg",130,95,true],"full":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2023\/08\/1-1-18-1024x768-1.jpg",1024,768,false]},"categories_names":{"2":{"name":"Business","link":"https:\/\/newstrackbhopal.com\/index.php\/category\/business\/"}},"tags_names":{"627":{"name":"business","link":"https:\/\/newstrackbhopal.com\/index.php\/tag\/business\/"}},"comments_number":"0","_links":{"self":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/posts\/19653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/comments?post=19653"}],"version-history":[{"count":0,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/posts\/19653\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/media\/19654"}],"wp:attachment":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/media?parent=19653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/categories?post=19653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/tags?post=19653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}