Spectra Industries Limited is an India-based company, which is engaged in trading of automobile products. Its business activities include automobile dealership business of light commercial vehicles (LCV) and heavy commercial vehicles (HCV) manufactured by Mahindra & Mahindra Ltd. The Company operates through trading segment. It is engaged in trading business in various items, such as chemicals, organic and inorganic commodities, steel, coal and fabric. The Company's unit, Spectra Automotives caters needs of sales, service and spares of LCVs in the range of 4 to 6 tons gross vehicle weight (gvw) and HCVs in the range of 25 to 49 tons gvw in the territory of entire Mumbai, Navi Mumbai, Thane and Raigad district. It includes construction tippers, haulage vehicles and tractor trailers. It provides doorstep service to the customers on their request in case of emergency. Its workshop is located at Mira Road and Ajiwali, Panvel. The Company is under corporate insolvency resolution process.
SPECTRA INDUSTRIES LTD. Financial Highlights
- Revenue: SPECTRA INDUSTRIES LTD. reported revenue of ₹0.00 crore in FY23 vs ₹0.27 crore in FY22. It showed a decrease of 100.00% on a yearly basis.
- Operating Profit: SPECTRA INDUSTRIES LTD. reported an operating loss of ₹3.45 crore in FY23 vs ₹6.10 crore in FY22. It showed an increase of 43.44% on a year-on-year basis.
- Net Profit: SPECTRA INDUSTRIES LTD. reported a net loss of ₹3.34 crore in FY23 vs ₹5.94 crore in FY22. It showed an increase of 43.77% on a yearly basis.
SPECTRA INDUSTRIES LTD. Quarterly Result Highlights
- SPECTRA INDUSTRIES LTD. reported revenue of ₹0.18 crore in Dec 2023, compared with ₹0.00 crore in Sep 2023.
- SPECTRA INDUSTRIES LTD. reported an operating loss of ₹1.23 crore in Dec 2023, compared with ₹1.34 crore in Sep 2023, representing an increase of 8.21% on a quarter-on-quarter (QoQ) basis.
- SPECTRA INDUSTRIES LTD. reported a loss of ₹1.23 crore in Dec 2023, compared with ₹1.34 crore in Sep 2023, reflecting an increase of 8.21% on a QoQ basis.
- The earnings per share (EPS) of SPECTRA INDUSTRIES LTD. stood at ₹4.72 during Dec 2023.