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ISMT Ltd Q1 FY24; 105% rise in Profits

Incorporated in 1977, ISMT Ltd. is mainly engaged in manufacturing seamless tubes and engineering steels.

Financial Results:

  • ISMT Ltd reported Revenues for Q1FY23 of ₹657.00 Crores up from ₹623.00 Crore year on year, a rise of 5.46%.
  • Total Expenses for Q1FY23 of ₹594.00 Crores down from ₹607.00 Crores year on year, a fall of 2.14%.
  • Consolidated Net Profit of ₹41.00 Crores up 105.0% from ₹20.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.35, up 101.49% from ₹0.67 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: steel pipe
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