Niraj Cement Structurals Ltd Q1FY24; 41% fall in Profits

Niraj Cement Structurals Ltd is engaged in the business of construction of projects with end-to-end solutions across domains such as Transportation, Urban Infrastructure, BRTS Projects, Industrial Infrastructure, and Irrigation. They also provide technical and financial assistance to the sub-contractors.
It has been in the business of speciality engineering construction and infrastructure for the past 3 decades. They have won laurels for working in the most hostile working conditions in Orissa.

Financial Results:

Niraj Cement Structurals Ltd reported Revenues for Q1FY24 of ₹99.07 Crores up from ₹80.23 Crore year on year, a rise of 23.48%.

Total Expenses for Q1FY24 of ₹100.25 Crores up from ₹79.59 Crores year on year, a rise of 25.96%.

Consolidated Net Profit of ₹0.36 Crores down 40.98% from ₹0.61 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.09, down 40.00% from ₹0.15 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.