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IFGL Refractories Ltd Q1FY24; 100% rise in Profits

IFGL Refractories Ltd is a manufacturer of Specialized refractories and requisite operating systems for Iron and Steel Industry.

Financial Results:

  • IFGL Refractories Ltd reported Revenues for Q1FY24 of ₹424.00 Crores up from ₹359.00 Crore year on year, a rise of 18.11%.
  • Total Expenses for Q1FY24 of ₹387.00 Crores up from ₹339.00 Crores year on year, a rise of 14.16%.
  • Consolidated Net Profit of ₹30.00 Crores up 100.0% from ₹15.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹8.22, up 103.47% from ₹4.04 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Refractory
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