Usha Martin came out with stable Q2 numbers.
Impressive growth in revenue – 8% QoQ and ~ 38% YoY.
Net profit growth – -3.5% QoQ and ~36% YoY
H1’23 EPS increased by 29% to Rs. 3.25 compared to H1’22.
Company invested about 45 Cr. during 1st half of the financial year to create capacity by way of purchasing the land, machines and equipment.
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