Action Construction Equipment (BOM:532762) Other Income (Expense) : ₹768 Mil (TTM As of Sep. 2024)

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What is Action Construction Equipment Other Income (Expense)?

Action Construction Equipment's other income expense for the Action Construction Equipment's pretax income for the three months ended in Sep. 2024 was ₹341 Mil. Its other income expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹768 Mil.

Action Construction Equipment Other Income (Expense) Historical Data

The historical data trend for Action Construction Equipment's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Action Construction Equipment Other Income (Expense) Chart

Action Construction Equipment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

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Mar23

Mar24

Other Income (Expense)

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4.47

97.44

70.60

57.66

403.86

Action Construction Equipment Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Other Income (Expense)	Get a 7-Day Free Trial															134.60	157.70	-4.64	273.80	341.10

Action Construction Equipment Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹768 Mil.

Action Construction Equipment (BOM:532762) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Action Construction Equipment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Action Construction Equipment Ltd (BOM:532762) » Definitions » Other Income (Expense)

Comparable Companies

Traded in Other Exchanges

ACE:India

Address

Dudhola Link Road, Dudhola, District Palwal, Palwal, HR, IND, 121102

Website

https://www.ace-cranes.com

Action Construction Equipment Ltd is engaged in manufacturing material handling and construction equipment. It is engaged in the manufacturing and marketing of Hydraulic Mobile Cranes, Mobile Tower Cranes, Crawler Cranes, Truck Mounted Cranes; Material Handling Equipments like Forklifts, Road Construction Equipments like Backhoe loaders, Compactors, Motor graders and Agriculture Equipments like Tractors, Harvesters, Rotavators etc. The company's reportable segments are Cranes, Construction equipment, Material handling, and Agricultural equipment. The majority of its revenue is generated from its Cranes segment. Geographically, it derives maximum revenue from India and also has a presence in international markets.

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