Nitiraj Engineers Limited Reports Audited Consolidated and Standalone Earnings Results for the Year Ended March 31, 2017
September 27, 2017
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Nitiraj Engineers Limited reported audited consolidated and standalone earnings results for the year ended March 31, 2017. For the year, on standalone basis, total revenue was INR 538,011,945 against INR 565,427,397 a year ago. Profit before tax was INR 68,528,362 against INR 70,372,176 a year ago. Profit for the year was INR 46,028,362 against INR 53,572,176 a year ago. Basic and diluted earnings per share were INR 5.61 against INR 8.93 a year ago. Purchase of fixed assets was INR 26,300,551 against INR 8,026,486 a year ago.
For the year, on consolidated basis, total revenue was INR 538,011,945 against INR 565,427,397 a year ago. Profit from continuing operations before tax was INR 68,528,362 against INR 70,372,176 a year ago. Profit for the year was INR 46,029,970 against INR 53,572,176 a year ago. Basic and diluted earnings per share were INR 5.61 against INR 8.93 a year ago. Purchase of fixed assets was INR 26,300,551 against INR 8,026,486 a year ago. EBITDA was INR 82.573 million against INR 87.368 million a year ago.
Nitiraj Engineers Ltd. is an India-based company, which is engaged in manufacturing and selling of a variety of electronic weighing scales, currency counting machines, and taxi fare meters. Its diverse product portfolio encompasses electronic weighing scales and systems, currency counting machines, security and automation products, home and hotel automation, mechanical scales, and electronic fare meters. These offerings cater to both industrial and domestic sectors and are thoughtfully categorized based on their applications and utilities, spanning industrial, commercial, jewelry, healthcare, household, and automobile segments. Its products include analytical weighing balances, jewelry scales, tabletop scales, price computing scales, piece counting scales, platform scales, special application indicators, hanging scales, industrial weighing scales, baby weighing scales, person weighing scales (portable), mother and child weighing scales, and adult weighing scales (heavy duty).
NITIRAJ ENGINEERS LIMITED 
