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Prakash Industries Ltd Q1FY24; 107% rise in Profits

Prakash Industries Ltd is engaged in the business of manufacturing and sale of Steel Products and generation of Power.

Financial Results:

Prakash Industries Ltd reported Revenues for Q1FY24 of ₹1,013.00 Crores up from ₹895.00 Crore year on year, a rise of 13.18%.

Total Expenses for Q1FY24 of ₹953.00 Crores up from ₹855.00 Crores year on year, a rise of 11.46%.

Consolidated Net Profit of ₹89.00 Crores up 106.98% from ₹43.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.99, up 107.05% from ₹2.41 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: PowerSteel
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