X

KIOCL Ltd Q1FY24; 37% rise in Revenue

KIOCL is a flagship company under the Ministry of Steel, GoI, with Miniratna status. It is an export-oriented unit with expertise in iron ore mining, filtration technology, and the production of high-quality pellets.


Financial Results:

  • KIOCL Ltd reported Revenues for Q1FY24 of ₹501.00 Crores up from ₹366.00 Crore year on year, a rise of 36.89%.
  • Total Expenses for Q1FY24 of ₹576.00 Crores up from ₹429.00 Crores year on year, a rise of 34.27%.
  • Consolidated Net Profit of -₹58.00 Crores from -₹44.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹0.95, from -₹0.72 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
Related Post