{"id":30407,"date":"2023-08-14T08:56:13","date_gmt":"2023-08-14T08:56:13","guid":{"rendered":"https:\/\/thedailymetro.in\/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:\/\/thedailymetro.in\/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 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":30408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[1328],"class_list":["post-30407","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/posts\/30407","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/comments?post=30407"}],"version-history":[{"count":0,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/posts\/30407\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/media\/30408"}],"wp:attachment":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/media?parent=30407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/categories?post=30407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/tags?post=30407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}