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MSP Steel & Power Ltd Q1FY24; 7% rise in Revenue

MSP Steel & Power Limited is engaged in the manufacture and sale of iron and steel products and generation of power.

Financial Results:

MSP Steel & Power Ltd reported Revenues for Q1FY24 of ₹671.12 Crores up from ₹624.52 Crore year on year, a rise of 7.46%.

Total Expenses for Q1FY24 of ₹672.35 Crores up from ₹643.08 Crores year on year, a rise of 4.55%.

Consolidated Net Profit of -₹1.81 Crores from -₹14.61 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.05, from -₹0.38 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: Power
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