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Maithan Alloys Ltd Q3FY24; 16% rise in Profits

Maithan Alloys is engaged in the business of manufacturing and exporting of all three bulk Ferro alloys- Ferro Manganese, Silico Manganese and Ferro Silicon. It is also engaged in the generation and supply of Wind Power and has a Captive Power Plant.

Financial Results:

Maithan Alloys Ltd reported Revenues for Q3FY24 of ₹448.00 Crores down from ₹685.00 Crore year on year, a fall of 34.6%.

Total Expenses for Q3FY24 of ₹418.00 Crores down from ₹644.00 Crores year on year, a fall of 35.09%.

Consolidated Net Profit of ₹85.00 Crores up 16.44% from ₹73.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹29.31, up 17.24% from ₹25.00 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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