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Thejo Engineering Posts Healthy Q2 Growth Backed by Strong Sector Demand
Thejo Engineering reported Q2 net sales of ₹153.11 crore, marking a 14.74% year-on-year increase driven by strong demand across industrial engineering and material handling segments. The company benefited from increased orders from mining, cement, and core manufacturing industries. Improved operational efficiency and better capacity utilization supported revenue growth despite competitive pressures.
Analysts noted that rising project activity and sustained infrastructure development continue to provide demand visibility. The quarterly performance reinforces the broader positive sentiment around India’s engineering sector recovery.
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positive
Thejo Engineering Posts Healthy Q2 Growth Backed by Strong Sector Demand
Thejo Engineering reported Q2 net sales of ₹153.11 crore, marking a 14.74% year-on-year increase driven by strong demand across industrial engineering and material handling segments. The company benefited from increased orders from mining, cement, and core manufacturing industries. Improved operational efficiency and better capacity utilization supported revenue growth despite competitive pressures.
Analysts noted that rising project activity and sustained infrastructure development continue to provide demand visibility. The quarterly performance reinforces the broader positive sentiment around India’s engineering sector recovery.
Explore:Mutual Fund Categories
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Thejo Engineering’s Q2 net sales rose 14.74% YoY to ₹153.11 crore, supported by strong industrial demand and improved project execution.
Thejo Engineering reported Q2 net sales of ₹153.11 crore, marking a 14.74% year-on-year increase driven by strong demand across industrial engineering and material handling segments. The company benefited from increased orders from mining, cement, and core manufacturing industries. Improved operational efficiency and better capacity utilization supported revenue growth despite competitive pressures.
Analysts noted that rising project activity and sustained infrastructure development continue to provide demand visibility. The quarterly performance reinforces the broader positive sentiment around India’s engineering sector recovery.
Thejo Engineering reported Q2 net sales of ₹153.11 crore, marking a 14.74% year-on-year increase driven by strong demand across industrial engineering and material handling segments. The company benefited from increased orders from mining, cement, and core manufacturing industries. Improved operational efficiency and better capacity utilization supported revenue growth despite competitive pressures.
Analysts noted that rising project activity and sustained infrastructure development continue to provide demand visibility. The quarterly performance reinforces the broader positive sentiment around India’s engineering sector recovery.
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Thejo Engineering
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