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Hisar Metal Industries Ltd Q1FY24; 55% fall in Profits

Hisar Metal Industries Ltd, set up in the year 1991, is engaged in the manufacture and sale of stainless steel strips, tubes and pipes etc. It is located at Hisar in the state of Haryana.


Financial Results:

  • Hisar Metal Industries Ltd reported Revenues for Q1FY24 of ₹62.19 Crores down from ₹82.28 Crore year on year, a fall of 24.42%.
  • Total Expenses for Q1FY24 of ₹59.82 Crores down from ₹77.08 Crores year on year, a fall of 22.39%.
  • Consolidated Net Profit of ₹1.78 Crores down 54.82% from ₹3.94 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹3.30, down 54.79% from ₹7.30 in the same quarter of the previous year.
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