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Sarda Energy & Minerals Ltd Q2FY24; 20% fall in Profits

Incorporated in 1973, Sarda Energy & Minerals Limited (SEML) is the flagship company of Sarda Group and is engaged in the production of steel, ferro alloys and power.

Financial Results:

Sarda Energy & Minerals Ltd reported Revenues for Q2FY24 of ₹1,001.00 Crores up from ₹967.00 Crore year on year, a rise of 3.52%.

Total Expenses for Q2FY24 of ₹840.00 Crores up from ₹761.00 Crores year on year, a rise of 10.38%.

Consolidated Net Profit of ₹149.00 Crores down 19.89% from ₹186.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.99, down 22.22% from ₹5.13 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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