Azad Engineering Q3 Results: Hyderabad-based Azad Engineering Ltd. will declare its Q3 results soon. Azad Engineering has a presence in key industries including aerospace and defence, energy and oil and gas. The company manufactures highly engineered, complex and mission and life-critical components.
With a market cap of nearly Rs 9,000 crore, it works with global original equipment manufacturers (“OEMs”). Azad Engineering has sales in more than 16 countries, having started the core manufacturing business in 2008.
Here is everything you need to know about Azad Engineering Q3 results.
Azad Engineering Q3 Results: Date And Time
Azad Engineering in a stock exchange filing on Jan. 28 said that its board of directors will meet in Hyderabad at 3:30 p.m. on Feb. 4 to approve the Q3 results. The results will be made public after getting the board’s approval.
"Meeting of the Board of Directors of the Company is scheduled to be held at its Registered Office situated at “90 /C,90lD, Phase 1, I.D.A, Jeedimetla, Hyderabad, Telangana, India, 500055” on Tuesday, February 04, 2025 at 03:30 P.M., inter alia: 1) To consider and approve the Standalone and Consolidated Un-audited Financial Results of the Company for the 3rd quarter ended on 31st December 2024; 2) To transact other incidental and ancillary matters," the company has said.
Additionally, the trading window to deal in the securities of the company for designated persons and their immediate family members will remain closed till 48 hours after the results are declared. The trading window closed on Jan. 1.
Azad Engineering Share Price History
Shares of Azad Engineering Ltd. have soared 6.83% over the past five trading sessions of the NSE. However, the stock has declined 20.97% and 4.41% over the past month and six months, respectively. Over the past year, Azad Engineering shares have skyrocketed nearly 60%.
Azad Engineering Q2 Highlights
Azad Engineering reported a 7.16% year-on-year increase in net profit in Q2, rising to Rs 20.88 crore from Rs 19.48 crore in the same quarter last year. The company’s revenue surged 34.64% to Rs 111.53 crore, up from Rs 82.83 crore in Q2 of the previous year.
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