Categories AlphaGraphs, Earnings, Industrials

S.A.L Steel Ltd Q1FY24; 29% fall in Profits

S.A.L Steel Ltd is engaged in the manufacturing of Sponge Iron & Ferro Alloy used in iron & steel industry. The Co also has power generation capacity of 40 MW.

Financial Results:

S.A.L Steel Ltd reported Revenues for Q1FY24 of ₹153.64 Crores up from ₹118.70 Crore year on year, a rise of 29.44%.

Total Expenses for Q1FY24 of ₹153.52 Crores up from ₹118.53 Crores year on year, a rise of 29.52%.

Consolidated Net Profit of ₹0.10 Crores down 28.57% from ₹0.14 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.01, down 50.00% from ₹0.02 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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