Atam Valves, Achieves A Total Revenue of Rs 35.36 Cr in 9M FY24

PNN

Mumbai (Maharashtra) [India], February 27: Atam Valves Limited (ATAM) (BSE - 543236 NSE -ATAM), a renowned manufacturer of industrial and plumbing valves and fittings, has announced its Unaudited Financial Results for the Q3 & 9M FY24.

Key Financial Highlights

Q3 FY24:

* Total Income of Rs 12.19 Cr

* EBITDA of Rs 1.92 Cr

* EBITDA Margin of 15.73 %

* PBT of Rs 1.45 Cr

* PAT of Rs 0.99 Cr

* PAT Margin of 8.10 %

* EPS of Rs 0.89

9M FY24:

* Total Income of Rs 35.36 Cr

* EBITDA of Rs 5.81 Cr

* EBITDA Margin of 16.43 %

* PBT of Rs 4.43 Cr

* PAT of Rs 3.15 Cr

* PAT Margin of 8.90 %

* EPS of Rs 2.85

Commenting on the performance, Amit Jain - Managing Director of Atam Valves Limited said, "We see strong demand outlook for industrial valves. With our extensive product offerings, we are adding new industries to our client base at the same time increasing our footprint in the international market. We are confident to sustain our profit margin with an upward bias.".

Highlights for Q3 FY24 (October 2023 - December 2023)

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