Key highlights from Mahindra Fastener Limited's annual financial report for the financial year ended March 31, 2023, are as follows:Total revenue increased by 25% to Rs. 139 crore compared to the previous financial year.Total expenses rose by 27% to Rs. 155 crore compared to the previous financial year.Profit before tax grew by 25% to Rs. 20 crore compared to the previous financial year.Net profit after tax increased by 25% to Rs. 15 crore compared to the previous financial year.Earnings per share (EPS) (basic and diluted) were Rs. 25.55, compared to Rs. 23 in the previous financial year.Total assets increased to Rs. 168 crore compared to Rs. 141 crore in the previous financial year.Total equity and liabilities also increased to Rs. 168 crore compared to Rs. 141 crore in the previous financial year.Net cash generated from operating activities increased to Rs. 6 crore compared to Rs. 3 crore in the previous financial year.Total cash used in investing activities decreased to Rs. 19 crore compared to Rs. 21 crore in the previous financial year.Net cash generated from financial activities decreased to Rs. 4 crore compared to Rs. 15 crore in the previous financial year.Net cash and cash equivalents at the end of the year amounted to Rs. 11 crore compared to Rs. 19 crore in the previous financial year.These highlights provide an overview of Mahindra Fastener Limited's financial performance, showing growth in revenue, expenses, profit, and assets. The company also generated more cash from operating activities while reducing cash used in investing activities. However, there was a decrease in cash generated from financial activities, and the net cash and cash equivalents decreased by the end of the year.
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