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INOX India Q4  Net profit jumps 44% YoY 
    INOX India develops container for ultra-cool fluids
    INOX India Q4 Net profit jumps 44% YoY 

    (20 second reading) INOX India released their Q4 results on Monday and posted a strong 44% YoY jump in their net profit to Rs.44 crore in Q4FY24 from Rs.30.6 crore during the year-ago quarter. The company’s revenue increased 17% year on year from Rs235 crore to Rs.276 crore during the period under review.
    The revenue from operations plunged 4% from Rs.290 crore reported during the quarter ending December 2023. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), which is a metric to calculate an organization’s operational profitability, jumped 38% year on year to Rs.64 crore.
    “The best-ever financial metrics underline our dedication towards shaping a future, which is not only sustainable, but also profitable.