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Kalyani Steels Ltd Q1 FY24; 154% rise in Profits

Kalyani Steels Ltd, a part of Kalyani Group, is primarily engaged in the business of manufacture and sale of Iron and Steel Products.

Financial Results:

  • Kalyani Steels Ltd reported Revenues for Q1FY24 of ₹497.00 Crores up from ₹493.00 Crore year on year, a rise of 0.81%.
  • Total Expenses for Q1FY24 of ₹427.00 Crores down from ₹474.00 Crores year on year, a fall of 9.92%.
  • Consolidated Net Profit of ₹61.00 Crores up 154.17% from ₹24.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹14.03, up 159.33% from ₹5.41 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
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