{"id":34277,"date":"2023-11-21T07:18:23","date_gmt":"2023-11-21T07:18:23","guid":{"rendered":"https:\/\/newsdaddy.co.in\/index.php\/2023\/11\/21\/atam-valves-achieves-a-26-per-cent-yoy-revenue-increase-in-h1-fy24\/"},"modified":"2023-11-21T07:18:23","modified_gmt":"2023-11-21T07:18:23","slug":"atam-valves-achieves-a-26-per-cent-yoy-revenue-increase-in-h1-fy24","status":"publish","type":"post","link":"https:\/\/newsdaddy.co.in\/index.php\/2023\/11\/21\/atam-valves-achieves-a-26-per-cent-yoy-revenue-increase-in-h1-fy24\/","title":{"rendered":"Atam Valves, Achieves A 26 per cent YoY Revenue Increase in H1 FY24"},"content":{"rendered":"<div>\n<p><strong>Mumbai (Maharashtra) [India], November 21<\/strong>: Atam Valves Limited\u00a0(BSE\u2013\u00a0543236\u00a0NSE \u2013\u00a0ATAM),\u00a0a renowned manufacturer of industrial and plumbing valves and fittings,\u00a0has\u00a0<a><\/a>announced\u00a0its\u00a0unaudited Financial Results for the\u00a0H1 &amp; Q2\u00a0FY24.<\/p>\n<p><a><\/a>Key Financial Highlights:<\/p>\n<p>H1 FY24:<\/p>\n<p>\u2022\u00a0Total Income Stands at\u00a0\u20b9\u00a023.17 Crore in H1 FY24 vs\u00a0\u20b918.45 Crore in H1 FY23, Growth of 25.58%<\/p>\n<p>\u2022\u00a0EBITDA Stands at\u00a0\u20b9\u00a03.89 Crore in H1 FY24 Vs\u00a0\u20b9\u00a03.69 Crore in H1 FY23, Growth of 5.44%\u00a0<\/p>\n<p>\u2022\u00a0EBITDA Margin of 16.80 %<\/p>\n<p>\u2022\u00a0PAT of\u00a0\u20b9\u00a02.16 crore<\/p>\n<p>\u2022\u00a0PAT Margin of 9.32 %\u00a0<\/p>\n<p>\u2022\u00a0EPS of\u00a0\u20b9\u00a01.84<\/p>\n<p>Q2 FY24:<\/p>\n<p>\u2022\u00a0Total Income Stands at\u00a0\u20b9\u00a012.76\u00a0Crore in\u00a0Q2\u00a0FY24 vs\u00a0\u20b911.01\u00a0Crore in\u00a0Q2\u00a0FY23, Growth of\u00a015.96%<\/p>\n<p>\u2022\u00a0EBITDA Stands at\u00a0\u20b9\u00a02.39\u00a0Crore in\u00a0Q2\u00a0FY24 Vs\u00a0\u20b9\u00a02.29Crore in\u00a0Q2\u00a0FY23, Growth of\u00a04.16%\u00a0<\/p>\n<p>\u2022\u00a0EBITDA Margin of 18.70 %<\/p>\n<p>\u2022\u00a0PAT of\u00a0\u20b9\u00a01.30 crore<\/p>\n<p>\u2022\u00a0PAT Margin of 10.34 %\u00a0<\/p>\n<p>\u2022\u00a0EPS of\u00a0\u20b9\u00a01.12<\/p>\n<p>Commenting on the performance, Mr. Amit Jain\u00a0\u2013\u00a0Managing Director\u00a0of\u00a0Atam Valves Limited\u00a0said,\u00a0\u201cWe are pleased to announce the positive advancements at ATAM Valves Limited during the first half of FY24, where a heightened demand for Industrial Valves has resulted in a substantial increase in our Total Income. Our unwavering commitment to operational efficiency and the steadfast quality of our valves remains our primary focus.<\/p>\n<p>We are strategically advancing our in-house manufacturing capabilities and actively planning a significant expansion to venture into the production of larger-sized valves. This strategic move is aimed at meeting the diverse needs of the entire valves industry.<\/p>\n<p>The steadfast trust exhibited by our clients has not only provided a solid foundation for our ongoing operations but has also positioned us for a highly promising second half of the fiscal year.\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<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], November 21: Atam Valves Limited\u00a0(BSE\u2013\u00a0543236\u00a0NSE \u2013\u00a0ATAM),\u00a0a renowned manufacturer of industrial and plumbing valves and fittings,\u00a0has\u00a0announced\u00a0its\u00a0unaudited Financial Results for the\u00a0H1 &amp; Q2\u00a0FY24. Key Financial Highlights: H1 FY24: \u2022\u00a0Total &hellip; <a href=\"https:\/\/newsdaddy.co.in\/index.php\/2023\/11\/21\/atam-valves-achieves-a-26-per-cent-yoy-revenue-increase-in-h1-fy24\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":34278,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[229,231],"class_list":["post-34277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pr","tag-press-release","entry"],"_links":{"self":[{"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/posts\/34277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=34277"}],"version-history":[{"count":0,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/posts\/34277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/media\/34278"}],"wp:attachment":[{"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=34277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=34277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=34277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}