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Kalyani Steels Ltd Q2FY24; 66% 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 Q2FY24 of ₹480.00 Crores down from ₹500.00 Crore year on year, a fall of 4.0%.
  • Total Expenses for Q2FY24 of ₹411.00 Crores down from ₹467.00 Crores year on year, a fall of 11.99%.
  • Consolidated Net Profit of ₹58.00 Crores up 65.71% from ₹35.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹13.36, up 68.47% from ₹7.93 in the same quarter of the previous year.
Tags: Steel
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