The Hi-Tech Gears (NSE:HITECHGEAR) Other Income (Expense) : ₹37 Mil (TTM As of Sep. 2024)

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What is The Hi-Tech Gears Other Income (Expense)?

The Hi-Tech Gears's other income expense for the The Hi-Tech Gears's pretax income for the three months ended in Sep. 2024 was ₹19 Mil. Its other income expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹37 Mil.

The Hi-Tech Gears Other Income (Expense) Historical Data

The historical data trend for The Hi-Tech Gears'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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The Hi-Tech Gears Other Income (Expense) Chart

The Hi-Tech Gears Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Other Income (Expense)

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30.21

50.59

34.14

28.42

809.25

The Hi-Tech Gears 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															784.54	20.64	-26.85	24.12	19.08

The Hi-Tech Gears 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 ₹37 Mil.

The Hi-Tech Gears (NSE:HITECHGEAR) Other Income (Expense) Explanation

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

The Hi-Tech Gears Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » The Hi-Tech Gears Ltd (NSE:HITECHGEAR) » Definitions » Other Income (Expense)

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522073:India

Address

Sushant Lok 1, Sector 27, Tower B, 14th Floor, Unitech's Millennium plaza, Gurugram, HR, IND, 122009

Website

https://www.thehitechgears.com

The Hi-Tech Gears Ltd is a manufacturer of auto components. The company is engaged in the business of gears and transmission components. It provides diverse parts and accessories for motor vehicles such as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalyzer, clutches, steering wheels, steering columns and steering boxes. The company's product includes power takeoff, car transmission and driveline components, precision forging or precision machining, and machined sintered components. Geographically, it derives a majority of revenue from India and also has its presence in America and Other countries.

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