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Prakash Steelage Ltd Q1FY24; 950% rise in Profits

Incorporated in 1996, Prakash Steelage Ltd is a manufacturer and exporter of stainless steel, welded pipes & tubes.


Financial Results:

  • Prakash Steelage Ltd reported Revenues for Q1FY24 of ₹29.00 Crores up from ₹17.00 Crore year on year, a rise of 70.59%.
  • Total Expenses for Q1FY24 of ₹28.00 Crores up from ₹16.00 Crores year on year, a rise of 75.0%.
  • Consolidated Net Profit of ₹21.00 Crores up 950.0% from ₹2.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.20, up 990.91% from ₹0.11 in the same quarter of the previous year.
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