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ISMT Ltd Q2FY24; 70% 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 Q2FY24 of ₹749.00 Crores up from ₹709.00 Crore year on year, a rise of 5.64%.
  • Total Expenses for Q2FY24 of ₹652.00 Crores down from ₹671.00 Crores year on year, a fall of 2.83%.
  • Consolidated Net Profit of ₹51.00 Crores up 70.0% from ₹30.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.71, up 69.31% from ₹1.01 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.

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